I haven’t filed my taxes yet. I’ve pretty much done everything I can, but I’m waiting to get my K-1 information from my old job so I can file. And that usually doesn’t arrive until mid-March. So, even though I am ready to file, I have to hold off until I get that information, even though it probably wont change my tax situation at all.
So, I thought I’d share some of the resources I’ve found over the years.
A few years ago, I posted about some options for free or discounted tax preparation software. I’ll remind you of them, and include some new ones, below:
TurboTax Online Discounts:
First off, if you have a really easy return, you can use their free version for your Federal returns, and it looks to be ~$28/state filing, though you could probably get it cheaper using the next discount.
Fidelity: Save 25% off Federal and State products. In addition, you can access the “Basic” version, a cheaper blend between the free and Deluxe versions.
Bank of America: Save 35% off Federal products.
Chase: Save 35% off Federal products. Not sure if you have to pay your taxes with your Chase card to be eligible.
If you don’t love TurboTax (it’s what I’ve used every year since graduation), there are a lot of other online options.
They have a good free federal option, as well as a relatively cheap fancier version (deluxe) at $9.95 or deluxe federal + state return for $17.95. I’m not as familiar with their product, so anyone with experience with TaxAct, let me know what you think of it.
If your Adjusted Gross Income (AGI) is less than $58,ooo, you can use one of these tax preparation sites for free. If you want some help figuring out which site to use, you can answer a few questions to narrow down the list. Some companies just offer free Federal filing, but some also offer free State filing as well.
If your AGI is more than $58,000, you can still e-file for free. You can access the forms you need and fill them out through FreeFile by following the link here.
So, have you filed your taxes yet? Did you use one of the methods mentioned above (or in Postgrad Agenda’s post)? Did you owe money or get a refund? Right now, it looks like I’ll get a tiny refund. Tiny enough that I really couldn’t have changed my withholding enough to not “give Uncle Sam an interest free loan”. So I’m fine with that.