You wouldn’t know it by visiting the home page of any tax filing site like TurboTax or H&R Block, but there’s a government-endorsed program that coerces these companies to provide completely free tax preparation and filing to many low- and mid-income folks. The TurboTax version is called Tax Freedom, but there are many others — each with different qualifying criteria. It’s all spelled out at the IRS site, which includes links to each of the programs. Since you can expect to pay at least $30 to prepare and file your federal return with most sites or retail software (and much more for a human preparer), this method offers some nice savings for anyone who qualifies.
One Response
Leave a comment
You must be logged in to post a comment
Please be aware of using this service!
I wanted to do the research before I had my taxes done by the VITA program and this is what I found out. An Audit was completed as of November 2005.
“Final Audit Report – Significant Improvements Have Been Made in the Oversight of the Volunteer Income Tax Assistance Program, but Continued Effort Is Needed to Ensure the Accuracy of Services Provided (Audit # 200540002)”
Please view this article for further information.
http://www.treas.gov/tigta/auditreports/2006reports/200640004fr.html