Sunday, March 20, 2011

File your taxes online yourself for free with "TurboTax Online: Federal Free Edition"

I've used the "TurboTax Online: Federal Free Edition" for my personal federal taxes for years. It's easy and my refund gets automatically deposited in my bank account in 2 weeks, so why pay a tax preparation firm to do it?t
I am spoiled, though, because before I file online my CPA rocesses my return on his software. Sometimes he finds something I didn't know about it and wouldn't have seen on the "TurboTax Online: Federal Free Edition". The program guides you through the tax form step by step, but it can't replace a savvy CPA so if you own your own home and considerable assets, try doing both and see for yourself what make sense for you.

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