Category Archives: TurboTax

Free File Makes Tax Filing Easy

FILED Rubber Stamp

FILED Rubber Stamp (Photo credit: Enokson)

Filing taxes is easy if you take advantage of the arrangement between the IRS and the Free File Alliance, a group of private sector companies producing tax filing software. These companies allow their products to be used for no cost, and over 40 million taxpayers have safely and easily electronically filed their tax return for free using the software. Filing your return electronically and requesting direct deposit when filing taxes is the fastest way to get your tax refund.

You must go to the IRS website (www.IRS.gov) to use the Free File program and you can prepare, print and then file your tax return once you have chosen a Free File company to work with.

You may be able to find useful tax breaks that you can claim, by using the question and answer format of the Free File software, and the software will do all the necessary calculations for you by choosing the appropriate tax forms. You may also be eligible for the earned income tax credit, or one or more of the other tax credits.

You can use brand name software, such as TurboTax 2014 if you earned less than $58,000 last year. Free File forms that can be filed are available if you are filing taxes and earned more than that amount.

Free File also allows you to request a six month extension if you cant file your taxes by the normal scheduled date of April 15th, and requesting the extension is easy and free. However, you will still have to make a payment by the April 15 deadline, to avoid interest and penalties, if you feel that you will owe money. Filing taxes should not be a headache, and with Free File, it really is quick and easy. Visit IRS.gov/freefile for more information on the Free File system, who is eligible and participating software programs.

The New TurboTax – A Better Way To Accomplish (and Understand) Your Tax Returns

If you are looking into using TurboTax to help you manage, organize and file your taxes, then you are on the right track.

YOU ARE ONE OF 50,000,000 AMERICANS WHO MUST F...

YOU ARE ONE OF 50,000,000 AMERICANS WHO MUST FILL OUT AN INCOME TAX RETURN BY MARCH 15. FILE YOURS EARLY. – NARA – 516201 (Photo credit: Wikipedia)

In the past few years, TurboTax‘s user interface has underĀ gone many changes and updates. After a while, it just became exhaustingly confusing for users. Some buttons are moved, removed and some just stayed where there were, but it cannot be denied that the changes can be overwhelming.

Even though the creators of TurboTax have their hearts in a good place, the continuous makeovers can be quite too much for the average user, especially the crunch time for filing taxes.

The good news is, Intuit, the developer of TurboTax, showed that they do care for their customers. This has become apparent in the most recent redesign of their user interface (UI). TurboTax 2014 makes the process of filing taxes faster and easier.

The newest version of TurboTax 2014 takes into consideration previous data that had been inputted into the program. For all you know, by the time you begin entering your data, your tax return is half done.

Furthermore, the program provides explanations as you input new data or change saved information. This makes the process even better, because not only are you creating your tax return, but you also get to understand exactly what is going on.

The new user interface is fairly easy to use, as it has the same look as Facebook. Of course, it does not look exactly like Facebook, but the likeness will increase user’s familiarity with the product, making it less daunting to accomplish an income tax return.

TurboTax 2014 is a must-have for everyone. After all, everyone files an income tax return each year. The best thing about it is that with the new user interface, it is much easier to put together a tax return. There would be no more need to worry the time of filing taxes comes.