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New Member
posted Dec 20, 2019 12:41:03 PM

Our total income is $36000.00 for the entire year.what is the least expensive way to file our tax return?

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4 Replies
Level 15
Dec 20, 2019 1:07:00 PM

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.

 

https://turbotax.intuit.com/personal-taxes/cd-download/

 

https://turbotax.intuit.com/personal-taxes/online/

 

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.

Level 15
Dec 20, 2019 1:22:25 PM

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 

https://turbotax.intuit.com/personal-taxes/online/ 

Level 15
Dec 20, 2019 1:24:17 PM

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....

Level 15
Dec 20, 2019 1:33:37 PM

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