@ pockynon wrote:
Turbo Tax went from $40 to $70
for the basic return- that is quite a jump in one year.
Are you referring to Online TurboTax?
I don't think you are taking into account "when" in filing season one purchases a product each year.
Early filing season always has discounts. You didn't say what product you are referring to. I'm not sure where your $70 figure comes from without more info. "Basic return" is not enough info to know what all you used. So for the illustration below, I'll assume you are talking about Online Deluxe, although Deluxe is currently $60, not $70. Prior to March 1 Deluxe was discounted to $40.
Or a fee of $70 could be explained by PLUS at 29.99 and then using the option to pay out of the Federal refund, which has a $40 service fee, which would make that product 69.99.
Prior to March 1, Online Deluxe was $40 for a Federal return and $40 for a state return due to the early-season discounts. I believe that was the same as last year. Prices always increase in March. On March 1, the discount disappeared, and the price is now $60 for Federal and $50 for state, also comparable to last year after last year's early-season discounts disappeared.
Perhaps you prepared your 2019 return during that year's early-season discounts, and perhaps this year you paid for your 2020 return after March 1 after the 2020 early-season discounts went away.
I'm not sure where your $70 figure comes from without more info. Maybe it's Deluxe at $60 plus some sales taxes. Or PLUS with a "pay out of refund" option as I mentioned above.
