- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Email to a Friend
- Report Inappropriate Content
Get your taxes done using TurboTax
Unfortunately, the "Free, free, free" commercial has a tiny footnote in the commercial saying if using "Free Edition." TurboTax does have 2 free products, but you are not in one of them. You appear to be using Deluxe Edition which is 59.99 for a Federal return, and 44.99 for a state return. Also be aware if you choose the option to pay the fees out of the Federal refund, there is an additional 39.99 service fee (44.99 for California filers.)
I'll tell you about the 2 free products.
If you started out in Free Edition (which is free for Federal and State), you may have been forced to upgrade to Deluxe due to a situation in your return that Free Edition cannot handle. Or perhaps you may have started out in Deluxe by mistake.
In any case the regular
Free Edition is more limited this year due to tax law changes. If you
need any of the new Schedules 1-6, for instance, then you can't use
Free Edition. You can read about the new schedules at the link below. If
you click the blue "see schedule" link there, it will show you what each
schedule looks like.
https://ttlc.intuit.com/questions/4511015-what-are-the-new-schedules
Here are some common things that cannot be handled by the regular Free Edition:
Itemized deductions
Business or 1099-MISC income
Sales of stocks/mutual funds/bonds
Rental property income
Foreign Earned Income
HSA
Credits, deductions and income reported on the new schedules 1–6, such as the Student Loan Interest Deduction
https://ttlc.intuit.com/questions/1900583-what-is-turbotax-free-file-program
If desired, here's how to switch and start over in TurboTax Free File Program.
https://ttlc.intuit.com/questions/2026912-how-do-i-switch-to-turbotax-free-file-program
NOTE: If you switch to Free File Program by that method, and find out later you don't qualify, you won't be able to go back to regular Online TurboTax in that same account. So instead of switching that way, if you wish you could start a new account (User ID) at the Free File Program website, which would maintain the option of returning to the other Online TurboTax account, if necessary.