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Intuit Turbotax, a market leader in commercial tax software, argues that American families have always had free filing options. Taxpayers earning under $79,000 can file for free with the IRS's ...
TurboTax. TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1] TurboTax was developed by Michael A. Chipman of Chipsoft in 1984 and was sold to Intuit in 1993. [2] [3]
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.
The Free File Alliance is a group of tax preparation companies which operate a public-private partnership with the Internal Revenue Service (IRS) to provide free electronic tax filing services under the IRS Free File program to United States taxpayers meeting certain guidelines. [1] The IRS stipulates filers must have an adjusted gross income ...
Intuit pulled TurboTax from the IRS Free File Program in October, claiming it had "limitations," but still provides free filing outside the program for simple returns on its website.
Intuit's TurboTax and H&R Block also make free versions of their tax preparation and filing software available online. There's no income limit, but the services work only with basic returns that ...
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