Hello
We are a married couple filing jointly. in previous years we filled with our CPA, however, this year since our taxes should be very simple we would like to file ourselves if the cost makes a difference.
Our 2020 situation
We had no W2 income in 2020
We had some income from dividends paid and have the form from the back
We have 2 K1's from a business.
Do we qualify for the free filing product?
I have an account so every time I hit on the free option I am redirected to my account which is Turbo Tax Live Self Employeed. and the cost is $220 + $50 for the state.
Thanks
You'll need to sign in or create an account to connect with an expert.
visit the IRS at https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free
to find truly free filing. Note that some include free state as well.
If you choose TurboTax, you must create a new account.
If you sign in with your existing account, you'll be back in the same place you're trying to escape.
TurboTax cuts you off at $39,000 AGI
others are higher than that $72,000.
Otherwise you can get a good price on Amazon.
use the cd/download program
Ok.
Can I use (select) and create a new account for the free filing option if I have K1's and the dividends form?
K1's show no income but report a loss form an external partnership
Thanks
Fernanda
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