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Free Edition. The TurboTax Free Edition is appropriate for filers with simple tax returns. It covers W-2 income, the Earned Income Tax Credit (EITC) and child tax credits. True to its name, it’s ...
TurboTax. TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [ 1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [ 2][ 3]
The Internal Revenue Service is offering a free program for filing federal income taxes in 2024 for those who qualify. IRS Free File , a partnership between the IRS and many tax preparation ...
As mentioned previously, TurboTax used to participate in the IRS Free File program but has opted out as of July 2021. TurboTax isn’t the first or only big name in tax preparation to opt out, though.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.
Intuit Inc. is an American multinational business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, the small business accounting program QuickBooks, the credit monitoring and ...
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