Im getting $32 return and used turbo tax free edit...
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cindyw1955
New Member

Im getting $32 return and used turbo tax free edition but they want to charge $60 . why?

 
2 Replies
xmasbaby0
Level 15

Im getting $32 return and used turbo tax free edition but they want to charge $60 . why?

You are posting from Deluxe  $60

State return $50

Refund processing to have fees deducted from federal refund by 3rd party bank $39.99 ($44.99 in CA) (This fee is optional and can be avoided by paying TT upfront using a credit/debit card)

 

WHY DO I HAVE TO PAY?  I WANT THE FREE EDITION

 

The information that you can enter in Free Edition is pretty limited now.  Thanks to the new tax laws that began for 2018 returns, there are no more simple Form 1040EZ or 1040A's.  Everything goes on a Form 1040 that has three extra "schedules" with it, and if you need any of those schedules, you are not able to use the Free Edition.  Using the standard deduction instead of itemizing does NOT mean you will not need any of those schedules.https://ttlc.intuit.com/questions/4511011-what-happened-to-the-1040a-and-1040ez   If you started in the Free Edition and entered any data that required any of those three schedules, you have to upgrade to a paid version.   The Free Edition cannot be used for self-employment income, investment income, rental income or a student loan interest deduction,

 

https://www.irs.gov/forms-pubs/about-form-1040 

 

 

 

https://ttlc.intuit.com/questions/2586254-how-do-i-clear-and-start-overIf you qualify to use it, there is another full-featured free version of the software:

Try Free File: 

You qualify if your income was $39,000 or less, or $72,000 or less if active duty military, or if you qualify for Earned Income Credit

https://ttlc.intuit.com/questions/1900583-what-is-turbotax-free-file-program

 

 

Note:  If you do not qualify to use Free File then you will have to upgrade to Deluxe or higher in the paid versions of the software.   

 Online Deluxe $40  State software $40

 

 

Or—-Use this IRS site for other ways to file for free

 

https://apps.irs.gov/app/freeFile/

 

 

 

 

If your TurboTax fees are higher than expected, you can reduce them by removing add-ons:

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
HelenC12
Employee Tax Expert

Im getting $32 return and used turbo tax free edition but they want to charge $60 . why?

If you're currently using the Free version but it's charging you a fee, you may have entered a transaction that does not qualify for TurboTax Free file or you added some benefits.

 

You may be eligible for the IRS Free File Program.

 

TurboTax Free Edition, on the other hand, can be used by higher-income filers but only handles simple returns with no additional schedules.  Upgrades and add-ons, such as TurboTax PLUS and Audit Defense, are available.

 

 

Simple tax situations covered in TurboTax Free Edition:

  • W-2 income,
  • Unemployment income. If your taxable income (including your unemployment income plus any other sources of income) exceeds the filing thresholds for federal (and most states') returns, at least some of your unemployment income can be taxed. 
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claiming the standard deduction
  • Earned Income Tax Credit (EIC)
  • Child tax credits. To qualify for the Child Tax Credit, your child must fit all of the requirements. Click here for the requirements. 

Situations not covered in TurboTax Free Edition include:

  • Itemized deductions
  • Business or 1099-MISC income
  • Stock sales
  • Rental property income
  • Credits, deductions, and income reported on schedules 1–3, such as the Student Loan Interest Deduction
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