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April 13, 2025

TurboTax charges for filing taxes based on the complexity of your return and the features you need. Here’s a quick breakdown:

Free vs. Paid Editions

  • Free Edition: Suitable for simple tax returns (Form 1040, W-2 income, standard deduction)
  • Paid Editions: Required formore  complex returns (itemized deductions, self-employment income, rental property, investments)

Common Charges

  • Upgrading: If your tax situation requires forms or features not included in the Free Edition
  • State Filing: Additional fee for state tax returns
  • Additional Services: Options like TurboTax Live Assisted or Pay With Your Refund can add extra charges

TurboTax Resources

 

Here are some free IRS resources for filing your taxes:

 

  • IRS Free File is available to taxpayers and families whose 2024 total adjusted gross income (AGI) was $84,000 or less.
    •  A taxpayer’s AGI includes wages, tips, business income, retirement income and other forms of taxable income. 
    • Through a public-private partnership between the IRS and the Free File Alliance, tax preparation and filing software providers make their online products available to eligible taxpayers.
    • Each provider sets its own eligibility rules based on age, state residency and income. IRS Free File will guide taxpayers through choosing the provider that’s right for their needs