Tax time is just around the corner and if you don't use an accountant to do your returns, you can always do it yourself with TurboTax. It's easy to use: you just get all your information together and start entering. It connects to the Internet to check for updates, and has a nice override feature if you need to enter an unusual deduction that you need to enter directly on the return.
If you use TurboTax every year, it will import last year's return so you don't have to enter much of the same information from year to year. The software does a great job for returns that aren't so complex that they require a tax professional. TurboTax Deluxe Federal and State 2007 edition is available for just under $40 at Amazon.com and at just about any office store. Note: the Deluxe version includes free e-filing.
This year, TurboTax is offering some great free stuff for taxpayers:
Tax Rebate Calculator
130 million Americans will begin receiving tax rebates in May as a result
of the economic stimulus package passed by Congress. So, how much of a rebate will you get? The new, free online Tax Rebate calculator lets you
see how much money the economic
stimulus plan will put into their pockets. You can use this calculator by
visiting TurboTax.com and clicking on the icon in the lower right hand
corner of the main page or by going directly here.
Free Filing
If you earned $30,000 or less or were active military duty or qualify for the
Earned Income Credit, you can use the resources at TaxFreedom.com to fill
out your forms and e-file.
Tax time is just around the corner and if you don't use an accountant to do your returns, you can always do it yourself with TurboTax. It's easy to use: you just get all your information together and start entering. It connects to the Internet to check for updates, and has a nice override feature if you need to enter an unusual deduction that you need to enter directly on the return.
