For the 60 million hard-working Americans with a simple tax situation,
TurboTax®, the nation’s No. 1-rated, best selling online
tax preparation service from Intuit Inc. (Nasdaq: INTU) has created
a new, streamlined experience to deliver its best free product ever - TurboTax
Online Free Federal Edition. And only TurboTax helps customers
stretch their refund even further with an exclusive 5 percent bonus on
top of their federal tax refund.
“TurboTax now offers its best online tax preparation solution for simple
filers, bar none,” said Sasan Goodarzi, senior vice president and
general manager of Intuit’s Consumer Tax Group. “No one should have to
pay $100 or more at a leading tax store to get their taxes done –
especially the millions of Americans with straightforward, simple
returns. It’s why we’re making our products even more accessible by
reducing state pricing. And to top it off, we’re helping customers’ make
their refund go even further by adding a bonus.”
The best TurboTax Online Free Federal Edition now includes:
New Streamlined Experience
For the first time, taxpayers can prepare their 1040A
or EZ tax return in just a few easy steps and be done in minutes. TurboTax
Online Free Federal Edition can easily and accurately transfer data
from last year’s TurboTax return and automatically import a customer’s
W-2 wage and salary information from participating employers. This
increases ease and accuracy for simple filers, many of who only receive
one W-2 to complete their taxes. Taxpayers then simply answer a few
relevant questions and review and e-file their return to get their
biggest refund possible.
To help make sure that customers don’t leave a single dollar on the
table, TurboTax automatically double-checks taxpayers’ returns as they
go, searching for every deduction and credit for which they are
entitled. In addition, credentialed TurboTax tax experts, all CPAs and
enrolled agents, are available by phone to all TurboTax Online and
mobile customers for free. It’s never been easier or faster for
taxpayers to get their taxes done
right for free.
Best Value
TurboTax understands that people work hard for their money and that
every dollar is important. To help keep even more money in taxpayers’
pockets, TurboTax is offering a 50 percent discount on state tax return
preparation prices when they file with TurboTax Online Free Federal
Edition for a limited time. This is the lowest state price from any
major tax preparation software brand.
More Money
Plus, TurboTax is the only free federal
online tax service that gives taxpayers an extra 5 percent on top of
their federal tax refund when they use it to buy an Amazon.com Gift Card
from TurboTax. This exclusive bonus is just another way TurboTax helps
customers make their hard-earned dollars go even further.
IRS Free File Program
In addition to filing their federal return for free online at
TurboTax.com, taxpayers with an adjusted gross income of $30,000, those
who claim the Earned
Income Tax Credit or those who are on active military duty with an
adjusted gross income of $58,000 or less can use TurboTax Online through
the Internal Revenue Service Free File program at www.irs.gov.
New this year, the TurboTax
Freedom Edition now transfers data from last year’s TurboTax return
and automatically imports W-2 information from participating employers.
Qualifying taxpayers can prepare and e-file their federal return at no
cost and file returns in 23 participating states for free.
About Intuit Inc.
Intuit Inc. (Nasdaq: INTU) creates
business and financial management solutions that simplify the business
of life for small businesses, consumers and accounting professionals.
Its flagship products and services include QuickBooks®, Quicken®
and TurboTax®, which
make it easier to manage small
businesses and payroll
processing, personal
finance, and tax
preparation and filing. Mint.com
provides a fresh, easy and intelligent way for people to manage their
money, while Demandforce®
offers marketing and communication tools for small businesses. ProSeries®
and Lacerte® are Intuit's
leading tax preparation offerings for professional accountants.
Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year
2013. The company has approximately 8,000 employees with major offices
in the United States, Canada,
the United Kingdom, India and
other locations. More information can be found at www.intuit.com.
Copyright Business Wire 2014