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Truth is taxes in the US are pretty easy too; you just have to find TurboTax's free version which they hide. It downloads info from your financial institutions

Truth is taxes in the US are pretty easy too; you just have to find TurboTax's free version which they hide. It downloads info from your financial institutions and employers, and asks you all the relevant questions. It remembers your info from year to year, and sends you reminders. You just have to dodge a bunch of upsell offers. TurboTax lobbied the US government to prevent them from building a competing product, and in return they have to offer a free version. So in a way, TurboTax is our official state tax preparation system. Yay free-market?

jpeeler 6y ago
My understanding of the TurboTax free edition is that it doesn't support anything beyond basic income received from an employer. For those that don't really know the tax rules (including myself), are not the higher editions practically a requirement given they cover investing scenarios, house sales, etc...?
- phjesusthatguy3 6y ago
  >My understanding of the TurboTax free edition is wrong. TurboTax has a product they will sell you when you search for "turbotax free edition". They will allow you to fill it out for free. They will hold your hand (for free) while you do it. What they won't do is file the return you filled out, until you give them money. For that, you need to go find the actual free tax return (start at https://apps.irs.gov/app/freeFile/ https://apps.irs.gov/app/freeFile/) and do it all over again, if you fell for the ads TurboTax bought. EDIT: The above is correct if you made over $72k in 2020. If you made under $72k but still have questions about your investment options and house sales, please don't give me financial advice.