![]() ![]() Although TurboTax requires us to state that its Free Edition is “for simple tax returns only” and that “not all taxpayers qualify”-and even though the company recommends TurboTax Deluxe if you want to “maximize tax deductions and credits” (who doesn’t?)-we think most people should start with the Free Edition.Įven if you might have some deductible expenses, such as mortgage interest or charitable donations, it’s better to start with the Free Edition and upgrade to Deluxe only if you’re required to. TurboTax is the best online tax software because of its thorough and intelligent interview process. To file these forms with TurboTax, you have to upgrade your plan this will cost you about $59 on your federal return plus another $54 on your state return (at this writing), if you have only those additional forms to file.Ĭonfused yet? Here’s a flowchart of the options we recommend this year: Unlike TurboTax Free Edition, H&R Block Free Online covers the student loan interest deduction and the tuition and fees statement. ![]()
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