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Subject Author Date
Free e-file Gary Brown 02-25-2008
Posted by Gary Brown on February 25, 2008, 5:19 pm
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 Hi,

Some sites offer free e-file, I hear. Who? and what's the catch?

I am deciding between TaxCut again or trying TaxAct. TaxCut
lets me input last years information - maybe worth the $20
price difference but TaxAct gives free e-file. Free e-file
elsewhere would tip the balance.

Thanks,
Gary

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<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
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Posted by Dick Adams on February 26, 2008, 12:42 am
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> Some sites offer free e-file, I hear. Who? and what's
> the catch?
>
> I am deciding between TaxCut again or trying TaxAct.
> TaxCut lets me input last years information - maybe
> worth the $20 price difference but TaxAct gives free
> e-file. Free e-file elsewhere would tip the balance.

While I know nothing about either TaxCut or TaxAct, we
all know nothing is truly free. Is there really a free
e-file or is just a come-on to get "your personal
information"? Selling "your personal information" is a
major revenue stream stream for many companies.

Why not optimize your withholdings and paper file? Your
refund or taxes due should be minimal and you should
receive fewer telemarketer calls (if that is possible)!

Dick

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by John Levine on February 26, 2008, 2:00 am
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>> Some sites offer free e-file, I hear. Who? and what's
>> the catch?

They're probably trying to sell you refund anticipation loans at rates
that would make your local loan shark blush.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Dick Adams on February 26, 2008, 2:18 am
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>>> Some sites offer free e-file, I hear. Who? and what's
>>> the catch?

> They're probably trying to sell you refund anticipation
> loans at rates that would make your local loan shark blush.

It's so usurous that I'm surprised the Mafia has not
started a tax prep business. But maybe they have.

Dick

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Bada on February 26, 2008, 11:05 am
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Dick Adams wrote:

>
>
>>Some sites offer free e-file, I hear. Who? and what's
>>the catch?
>>
>>I am deciding between TaxCut again or trying TaxAct.
>>TaxCut lets me input last years information - maybe
>>worth the $20 price difference but TaxAct gives free
>>e-file. Free e-file elsewhere would tip the balance.
>
>
> While I know nothing about either TaxCut or TaxAct, we
> all know nothing is truly free. Is there really a free
> e-file or is just a come-on to get "your personal
> information"? Selling "your personal information" is a
> major revenue stream stream for many companies.
>
> Why not optimize your withholdings and paper file? Your
> refund or taxes due should be minimal and you should
> receive fewer telemarketer calls (if that is possible)!
>
> Dick

TaxCut and TaxAct are both legitimate. They both have been around for
several years. You can buy TaxCut at Wal-Mart. It used to sell for about
$9.99, I think it is double that now. You can go to TaxAct on the web
and file your Federal income tax free and e-file free. While you are
filling out your taxes, it asks if you want to upgrade to the deluxe
edition with state filing for about $12.99 which is cheaper than TaxCut.
You don't have to upgrade, you can just say no each time it asks. I
filed my Federal tax free 2 or 3 weeks ago and e-filed free. I declined
the upgrade. They notified me the next day that the IRS had accepted my
e-file and I had my refund 7 days later.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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