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Turbotax Eliminates E-File Fee

Good News! Turbotax Will Let Us E-File For Free

Almost 60 percent of you said that you used Turbotax's tax prep software to file your taxes, so I know the most recent announcement regarding the product will come as good news. Intuit, the company that owns Turbotax, has changed their policy and will no longer charge separate fees for filing individual federal tax returns.

This does not mean that the tax prep software is free, just the e-filing part of the equation. Kiran Patel, senior vice president and general manager of Intuit's Consumer Tax Division said, "Eliminating separate fees for filing individual federal tax returns is the right thing for American taxpayers. This will encourage more e-filed returns and help the IRS achieve its e-file goals." According to the Turbotax website, e-filing can cost up to $25. Will the fact that it's now free encourage you to e-file your taxes next season?

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