Photograph Credit: TaxACT
If you are ready to file your taxes, TaxACT offers free federal income tax filing. For those of you with simple returns, your federal tax preparation is free with TaxACT. For the rest of us, the pricing options are worth the small cost for the investment of our time and energy.
In the past, I have manually filed our taxes. I read and researched to make certain I filed correctly. The process took my time and energy, but we did not have the money to hire a tax professional.
Then in 2010, Paul and I took advantage of the tax break for those converting a Traditional IRA to a Roth IRA. We both converted our individual retirement accounts, and the tax documents arrived. Knowing that our return would require more expert assistance, I turned to TaxACT which did not disappoint.
Living in a state with income tax, I chose the Ultimate Bundle for $17.95 which filed our federal (1040) and state electronically. The question and answer format is user-friendly, and I continue to file with them each year.
Currently, I am not ready to file our taxes. But when that time comes, I will turn to TaxACT as they offer a step-by-step filing process at a great price. In stretching your dollars and using time wisely, TaxACT gets your income taxes filed without leaving your home and at a cost of less than $20.
Though you can spend the time to file it manually or pay a tax professional, you have choices that may only be a click away. Happy savings!
Question: What is your preferred option for filing your income taxes?