Rechercher dans ce blog

Saturday, January 29, 2022

Get early filer savings and free 2021 simple returns at TurboTax - CNET

self-employed-filing

There's no extension on the 2021 tax filing deadline this year but you can still save money when filing early.

Damir Cudic/Getty Images

Heads up: Taxes are due on Monday, April 18 this year. If you're the type to get things out of the way early (and want to get your refund quickly), here's another reason to do so: Free and discounted filing options. 

Free tax options at TurboTax

If your income situation is relatively straightforward -- say, no capital gains or stock sales -- you have some free tax filing options at your disposal. For instance, if you don't exceed the income limit ($73,000 this year), you may be eligible to file online and for free. (The IRS provides a list of free tax prep options as well.) 

In order to qualify for the TurboTax Free Edition, here are the qualifications: 

  • W-2 income
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claiming the standard deduction
  • Earned income tax credit (EITC)
  • Child tax credits
  • Student loan interest deduction

Further, the Free Edition only covers customers with a simple tax return (those filing a standard 1040). 

Read More: The IRS has started accepting 2021 tax returns. Here's what to know before you file

Act fast and you'll actually get TurboTax Live Basic (expires March 31) or TurboTax Live Full Service Basic (expires Feb. 15) and get their tax experts to do your taxes for you. Find out more about TurboTax Live and Full Service.

Get up to $30 off

Earn more than $73,000? Have itemized deductions, capital gains or additional "schedule" forms you need to file? You're not eligible for the free options above, but if you act now, you can get a nice discount. Exclusively for CNET Coupon readers, early tax filers can get up to $30 off when they sign up for TurboTax. You can get TurboTax Deluxe for $39 ($20 off), Premier for $69 ($20 off) or Self-Employed for $89 ($30 off). These offers expire on February 15. 

See more TurboTax coupon codes: CNET coupons

Military discounts

Serving in the military? You can get your returns filed (both federal and state) with TurboTax at a discount. Active-duty enlisted service members and reservists can simply upload their military W-2 and verify their rank to qualify. This offer includes TurboTax Free Edition, Deluxe, Premier and Self-Employed filing products. It's not available to officers.

Be sure to check out our tax guide for filing tips, stimulus credit information and more.

Still have questions? CNET has a plethora of information about how to file your taxes online

Read more: Best tax software for 2022: TurboTax, H&R Block, Jackson Hewitt and more

This story was originally published earlier. 

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

Adblock test (Why?)


Get early filer savings and free 2021 simple returns at TurboTax - CNET
Read More

No comments:

Post a Comment

Blue Jays manager John Schneider saves woman choking at lunch, given free beer by restaurant - Fox News

Toronto Blue Jays manager John Schneider sprung to action when he saw a woman choking on food while at a lunch with his wife near the team’...