Deductions & credits

You will not have to upgrade if you are are using the TurboTax Free File.  This is different from TurboTax Free.Edition which will prompt you to upgrade. When you login using the Freefile link you will not be asked to upgrade to Deluxe. It will handle your 1095-A and your state filing at no cost to you if you meet the income requirements.  The FreeFile will e-file your returns and forms.

 

The premium tax credit forgiveness is not yet available in TurboTax, but that is being worked on by our programmers and should be available soon.  Do not file your return until the updates are installed.  You will be eligible if you were 

 

When the premium tax is removed from your return, your refund will increase or you amount owed will decrease by that amount.

If you meet the qualification below, then sign into Free File with you current login and password.  If you do not meet these qualifications, you will need to upgrade to TurboTax Deluxe.

 

Qualifications

To qualify for free 2020 federal and state tax returns through the IRS Free File Program delivered by TurboTax, you just need to meet one of these requirements:

  • Your 2020 household AGI is $39,000 or less;
  • You qualify for the Earned Income Tax Credit (EITC); or
  • In 2020, you served as active duty military (including Reservists and National Guard) with a maximum AGI of $72,000, and you have a military-issued W-2.