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TurboTax was free for me up until I tried to report $10 in interest paid on student loans, which is a small, barely necessary form. TT doesn't include this ver
by kup0 7y ago
TurboTax was free for me up until I tried to report $10 in interest paid on student loans, which is a small, barely necessary form.
TT doesn't include this very common form in their free bundle and wanted me to pay $40 to upgrade.
While H&R Block also gets criticized- I have to say that they include this form, and I was able to file completely free for both federal and state, without having to hunt for a link- just started on their normal site. They also allowed automatic import of W2s, easy import of TurboTax previous years, etc.
- mywittyname 7y agoWhat happens if you just add $10 to your AGI and omit the interest payments? My thinking is the IRS will send you a "corrected" return and a $0 bill for the difference. Since that's what they do if you fill out incorrect information anyway.
- homero 7y agoIt's a deduction so don't report at all
- kup0 7y agoAs far as I know, reporting paid student loan interest is a "required" form according to the IRS. I remember looking up information about it at the time to see if I could just not report it, and that did not seem to be recommended
- homero 7y agoReally odd, it's like failing to report donations. But i guess they filed it.