A few weeks ago, I did a head-to-head comparison of TurboTax vs. TaxCut, and I also noted that TurboTax has been rated the best tax preparation software.
At the time, however, I wasn’t aware that you can use TurboTax for free if you make less than $30k. Note that I’m not talking about the free 1040EZ filing that they offer when you hit their homepage. Rather, I’m talking about their so-called Tax Freedom Edition, which is available as part of the Free File Alliance.
Note that this is a more or less complete version of TurboTax, with access to not only the 1040EZ, but also the 1040A and 1040 forms. In order to qualify, you must meet at least one of the following criteria:
- Earned an Adjusted Gross Income (AGI) for tax year 2008 of $30,000 or less; or
- Qualify for the Earned Income Tax Credit (EITC); or
- Served Active Duty Military with AGI of $56,000 or less
If you don’t qualify, be sure to sign up to win TurboTax for free. You have just under 12 hours left to enter. Good luck!
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