Tuesday, January 31, 2012

Everyone Qualifies for Free Tax Prep

Everyone Qualifies for Free Tax Preparation & E-filing with TaxACT

All taxpayers can prepare, print, and e-file simple and complex federal returns free with TaxACT Free Federal Edition; no restrictions, no gimmicks.

TaxACT is the free federal tax preparation and e-filing solution for everyone, regardless of income, age, state of residence, filing status, military status, or complexity of return.
"Free tax solutions are not created equal," said Lance Dunn, CEO of 2nd Story Software®, the makers of TaxACT. "Other free products have form limitations, which makes them appropriate for 'simple returns.'"

"Simple returns" include Form 1040EZ returns. According to the IRS 2009 Estimated Data Line Counts Individual Income Tax Returns, only 11.4% of 2009 e-filed federal returns were 1040EZ's.
TaxACT Free Federal Edition is the only free solution to include all e-fileable forms and schedules necessary for simple and complex returns, including:
  • Form 1040, 1040A and 1040EZ
  • Schedules A and B for itemized deductions and interest and dividends
  • Schedules C, D, E and F for business owners and investors - Other free solutions do not include these required schedules
A full list of forms can be found at www.taxact.com.

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