☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted May 31, 2019 11:30:00 PM

I only made $100 on investments but have to pay $60 to file. That is madness.

I made roughly $100 selling stocks last year. There is no way I am paying $60 to just file. What should I do.

0 3 2468
1 Best answer
Level 15
May 31, 2019 11:30:01 PM

If you are eligible you can use the TurboTax Freedom edition which is free to file both a federal and state tax return.  The Freedom edition is a full featured personal tax program and on a separate website from the TurboTax online editions.

To qualify for free 2016 federal and state tax returns in Freedom Edition, you'll need to meet at least one of these requirements:

  • A maximum 2016 adjusted gross income (AGI) of $33,000; or
  • You qualify for the Earned Income Tax Credit (EITC); or
  • You served as active duty military (including Reservists and National Guard) with a maximum 2016 AGI of $64,000 (you'll also need a military-issued W-2).

See this TurboTax support FAQ on the Freedom edition - https://ttlc.intuit.com/questions/1900583-what-is-turbotax-freedom-edition

See this TurboTax support FAQ for the difference between the Freedom edition and the Free edition - https://ttlc.intuit.com/questions/2572617-what-s-the-difference-between-freedom-edition-and-federal-....

And see this TurboTax support FAQ on how to switch to the Freedom edition - https://ttlc.intuit.com/questions/2026912-how-do-i-switch-to-turbotax-freedom-edition

3 Replies
Level 15
May 31, 2019 11:30:01 PM

If you are eligible you can use the TurboTax Freedom edition which is free to file both a federal and state tax return.  The Freedom edition is a full featured personal tax program and on a separate website from the TurboTax online editions.

To qualify for free 2016 federal and state tax returns in Freedom Edition, you'll need to meet at least one of these requirements:

  • A maximum 2016 adjusted gross income (AGI) of $33,000; or
  • You qualify for the Earned Income Tax Credit (EITC); or
  • You served as active duty military (including Reservists and National Guard) with a maximum 2016 AGI of $64,000 (you'll also need a military-issued W-2).

See this TurboTax support FAQ on the Freedom edition - https://ttlc.intuit.com/questions/1900583-what-is-turbotax-freedom-edition

See this TurboTax support FAQ for the difference between the Freedom edition and the Free edition - https://ttlc.intuit.com/questions/2572617-what-s-the-difference-between-freedom-edition-and-federal-....

And see this TurboTax support FAQ on how to switch to the Freedom edition - https://ttlc.intuit.com/questions/2026912-how-do-i-switch-to-turbotax-freedom-edition

New Member
May 31, 2019 11:30:03 PM

you didn't answer the original question

Level 15
May 31, 2019 11:30:06 PM

@fiona.yangwen - The answer was correct for the question presented.  The user wanted to know how to complete their 2016 tax return without paying $60.  The only way they could avoid the TurboTax account fee for the Premier edition to report the investment sale was to use the Freedom edition if they were eligible.  Apparently the user thought that the answer was helpful since they voted up the answer and then Recommended the answer.