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I've been with H&R Block for about 12 years now. It seems like I'm constantly seeing advertisements for free tax preparation for federal returns online. The word free has always troubled me. Is there a catch? Are these things legit? I mean, I wouldn't mind saving the $350 but don't want to get trapped or tricked into something. Any advice would be appreciated, thanks.
Turbotax federal online is FREE. Even the poor graduate assistant like myself can afford that one. They will also file your state taxes for $25. It is well worth it imo. I have used this for 3 years now and its pretty painless.
I use Turbo Tax it's not free but it easily walks you through
Several tax prep services offer free prep and e-filing, but it all depends on the complexity of your taxes. The more complex you get with things like sales of stock, rental property income, etc., that's when you'd have to pay for their services.
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Turbo Tax is free for US military members(active & reserve) E-5 & below. They have discounts for E-6 & above.
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Free tax USA
Tax act (free)
TaxACT prepares, prints and e-files your income taxes for FREE. Free Federal Edition handles simple and complex returns, includes free-efiling.
Apparently there's 19 free companies...
But I don't understand why it's free???
We use taxslayer.com its free for us because my wife is military but we also did my moms and dads and it ran them 19 dollars and was in within 7 to 10 days.
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