Federal income tax software
1. The first one is called Turbo Tax. This is only free if the taxpayer is only earning a gross income of $50,000 or in the military service. Those who are earning more can still use the program but will have to pay close to $40.
This can even be used for small business tax preparation. The person can buy the CD or download this from the web. If this is going to take awhile to finish, the information can be saved so this can be continued later on.
2. Tax Act is another software program. The eligibility requirements in order for it to be free are the same as Turbo Tax. Those who choose to use the deluxe or ultimate version will have to pay to be able to use it.
3. Next is Tax Slayer that can be done online or downloaded into the person’s computer. This company has been providing this service since 1992 and has made the program available to the public since 1998.
This can be used when filing for federal and state tax returns, which includes all the necessary forms. After submitting this online, a copy can be printed for reference.
4. Tax Cut can also be used when filing the federal income tax. This is user-friendly and works just was well as the others ensuring that there are no mistakes when this is ready to be submitted.
 |
Free File is the fast, easy, and free way to prepare and e-file your federal taxes online. |
The Free File program provides free federal income tax preparation and electronic filing for eligible taxpayers through a partnership between the Internal Revenue Service (IRS) and the Free File Alliance LLC, a group of private sector tax software companies.
How do you want to do your 2008 federal taxes?
- Traditional Free File - I want tax software with step-by-step help
You can prepare and efile the following federal income tax forms and schedules on efile.com. Based on your tax information, the eFile tax preparation software will pick the right federal income tax form(s) and schedule(s) for you. You do not have to pick the form(s) or schedule(s) yourself.
eFile Tax Software Features and Functions
- Easy-to-understand online interview
- No income restrictions
- Supports every filing status
- Selects the right federal income form for you: 1040EZ, 1040A, 1040
- Calculates capital gain distributions
- Claim certain tax credits
- Claim deductions for IRA contributions, student loan interest, educator expenses or higher education tuition and fees
- Claim itemized deductions
- Detects and calculates earned income credit (EIC)
- Report self-employment income
- Report small business income
- Report income from sale of a property
- Error and ommission checking
- Fast direct bank refund deposit (requires bank account)
- Deduct tax preparation fee from refund (small fee applies)
- efile for an extension by April 15, 2009 (small fee applies)
- Print your completed and IRS accepted efile.com return (until December 10, 2009)
Federal Tax Preparation Form and Schedule List
The following tax services are available through the eFile PREMIUM service. PREMIUM offers all currently available IRS online tax services for individual tax returns.
All you have to do is answer simple tax questions during the online tax interview and eFile will select and efile the right federal tax forms for you. In case you need a tax form that is not currently accepted online by the the IRS, you can still complete and efile your tax return. Once you have submitted your return, simply download the tax form here, complete it, and mail it to the address listed on the tax form.
Jul
4
09:23
