FreeTaxUSA

FreeTaxUSA is an online tax preparation and e-filing service that allows individuals to prepare and file their federal tax returns for free. It was founded in 2001 and has gained popularity as a cost-effective option for self-filing taxes in the United States.

FreeTaxUSA provides a user-friendly platform where individuals can enter their tax information and complete their tax returns. The software includes step-by-step guidance, helping users navigate through various tax forms and sections. Users can input their income, deductions, and credits, and the software calculates the tax liability or refund based on the provided data.

FreeTaxUSA offers free federal tax filing for most tax situations, including forms for basic income, deductions, and credits. They may also provide additional features for more complex tax situations, such as self-employment income, rental property income, and investment income, which may have a small fee associated with them.

In addition to federal tax filing, FreeTaxUSA also offers state tax filing services for a nominal fee per state return. Users can electronically file their state tax returns alongside their federal return, ensuring a seamless filing process.

Pros:

• Free tax storage for up to seven years
• Low state income tax returns fees
• Free federal tax extension filing

Cons:

• No in-person help or phone-based customer support
• Limited importing tools

Released: 2001

Website: https://www.freetaxusa.com/