Or you can get your taxes done right, with experts by your side with TurboTax Live Assisted.įile your own taxes with confidence using TurboTax. Let an expert do your taxes for you, start to finish with TurboTax Live Full Service. Although you will have to calculate your taxes yourself, the IRS allows you to e-file the forms at no charge-but you must create an online account with the IRS in order to do so. The IRS allows you to prepare your tax return manually using fillable tax forms. In addition, there are limitations on the types of tax credits you can take. These require that you be eligible to use the single or married filing jointly statuses, that you’re under the age of 65 and not blind by the end of the tax year, your taxable income is less than $100,000, you don’t receive advanced earned income credit payments during the year, don’t owe household employment taxes with your return, don’t earn more than $1,500 of interest and your income only comes from employment, scholarships, grants and the Alaska Permanent Fund.Īlso be aware that when using the 1040EZ, you cannot claim dependents, itemize deductions or take any adjustments to income. You can only use the 1040EZ form if you satisfy a number of eligibility requirements. And maybe even better is the money you can save if you are eligible for free e-filing. This is why the IRS allows some taxpayers to use the 1040EZ form instead of the longer 1040. Most taxpayers prefer to file their tax return on the shortest and least time-consuming tax form possible. Hello, I’m Scott from TurboTax with some important information on how you can file your taxes on a 1040EZ form for free.
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