I'm wondering why Turbo Tax says its free to file but its wanting me to pay? I dont have the money to pay to file due to my job loss because of the covid-19. What do i do? I get something back but it wont cover the amount owed. I would really like to know about the free tax filing.
TurboTax Free Edition (and TurboTax Live Basic) are intended for taxpayers with very simple returns that can fit on the new 1040 form without any schedules.
If we detect that your tax situation requires expanded coverage, like deductions for owning a home or self-employment income, we'll prompt you to upgrade to a version that supports the forms you need so we can maximize your tax deductions and ensure you file an accurate return.
Depending on what your tax situation was last year, you might need to use new tax forms to claim the same deductions, credits, or forms of income. Some of the situations that are now in TurboTax Deluxe and TurboTax Live Deluxe, instead of in Free Edition.
Please see the links below for more information:
Also, with the federal tax filing deadline being extended, you have until to July 15, 2020 to file. Another option is if you are receiving a refund, you can choose to Pay with Your Refund.
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