Financial Challenge – Day 12

IRS Free File

Welcome to another week and Day
12 of the Financial Challenges. With
W-2 forms arriving in the mail you
should be getting ready to do your
taxes soon if you haven’t started
them already. The IRS Free File tax
network has thrown a little curve
ball into getting your taxes done for
free this year. While last year there
were a number of tax preparation
companies that let anyone file their taxes for free including some big names in taxes like TurboTax and H&R Block, that isn’t the case this year. After some of the bigger companies made it clear that Free File for everyone wasn’t what they wanted, the Free File group agreed that only those with an adjusted gross income (A...

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4 Responses to Financial Challenge – Day 12

  1. kate says:

    Just some information on filing your own taxes. All H&R Block offices will check your taxes that you prepare for free. They will not correct them if there are mistakes but they will verify that they are right and you are getting all of your deductions. There is absolutely no charge for this service. I know this for a fact because I have worked there for 10 years. They also have the free double check challenge will they will review all 3 of your last tax returns to make sure that they were done properly. There again no charge for these services. You can verify this by calling 1-800-HRBLOCK. I always suggest to my clients that they try it themselves first if they have easy returns, don’t need there refund back fast (which are loan products) or they are computer literate.

  2. Nick says:

    I completed my taxes with TaxACT and Maryland’s free iFile. Both were pretty painless and completely free, and I e-filed both for free. I filed jointly with an AGI of about $60,000.

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  4. melissa says:

    i used the free TaxCut Standard download with great luck — even imported my 2005 TurboTax data

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