As I mentioned in my comparison of the Best Online Tax Software, I’m a tax nerd. Just read about me on my About page. As such, I’m a fan of getting my taxes done early, and knowing where I stand. When I compared TurboTax Online vs. H&R Block Online, TurboTax clearly came out the winner, and so I want to give away 2 copies of TurboTax Premier for free.
Why TurboTax Premier?
Why am I giving away TurboTax Premier? Because this is the level of TurboTax you want to use if you’re going to be dealing with investment income.
TurboTax Premier is the level that you need if you own stocks and bonds, hold mutual funds, or have rental properties. This will handle everything you need for investment income and rental property income. As I compared in my review of the best online tax software, I think that TurboTax is the easier system to use, even though the price is a little more than H&R Block for the same level of income tax return.
TurboTax Premier is a $49.99 value, and I’m going to be giving away two (2) copies of it this month!
What Options Do I Have for Free TurboTax in 2013?
Many people want to know if there is a free version of TurboTax this year…and the answer is YES!
If you have a simple return, and qualify to file a Simple 1040 or 1040EZ, you can file your federal return for free using TurboTax.
Here are the requirements for free TurboTax:
- Your filing status is single or married filing jointly.
- You do not claim any dependents.
- You do not claim any adjustments to income.
- The only tax credit you can claim is the Earned Income Credit
- You were under 65 years of age during 2012
- Your taxable income was less than $100,000
- You only had wages, salaries, tips, scholarships or fellowships, unemployment compensation, or the Alaska Permanent Fund, and your taxable interest was less than $1,500
- Your tips are included on your W-2
- You are not in Chapter 11 Bankruptcy
For more information on whether you qualify for free filing, check out the IRS website: IRS Checklist.
Check out this link to file your taxes for free: Free TurboTax, and select Free Edition. This program is subsidized by the Federal Government, so that you can file your taxes for free. Many states offer similar programs, but not all, so check before you file.
The Free TurboTax Premier 2013 Giveaway
For this month, I’m giving away two free TurboTax copies for readers of The College Investor. These will be copies of the online version of TurboTax Premier. If you need something different (say Home and Business), you’ll receive a credit for $49.99 so that you can upgrade as necessary and file your taxes appropriately.
This giveaway will end on January 31, 2013 at 11:59pm. Good luck!