Well, you are over the income limit to use Free File (which is not yet available) so you could use online Deluxe ($40 + $40 for state) or desktop Basic or Deluxe--Basic does not include a state return. Desktop Deluxe at $69 includes a state return so is the least expensive way to go.
You may also find desktop software for a lower price from a retailer like Amazon or Costco--be careful if you need state software--it is sold both with and without state. Do not by from any fly by night online retailer you never heard of that offers a too good to be true price.
The regular Turbo Tax Free Edition doesn't have a max limit (maybe it's 100,000) but does depend on what kind of income you have like W2, Social Security, Interest and 1099R.
See the Online versions here
Yes--if you do not need any of the "schedules" you might be able to use Free Edition. But fewer people are able to use that version....
Here's the info on Free Edition.
TurboTax Free Guarantee: $0 Federal + $0 State + $0 To File offer is available for simple tax returns with TurboTax Free Edition. A simple tax return is Form 1040 only, without schedules 1, 2, or 3. Situations covered include:
- W-2 income
- 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