Question by Lykaios: What are the disadvantages of filing a free file to prepare your taxes?
If your adjusted gross income was ,000 or less in 2007, you can use Free File to prepare and e-file your taxes online.
My question is what are the disadvantages of using free file as compared to the standard 1040 forms or the standard e-file?
http://www.irs.gov/efile/article/0,,id=118986,00.html
Best answer:
Answer by mcmdcak
It’s just a form filler type of program so none really Vs doing a 1040 by hand . . .
BUT usually people do not know all the changes and tend to miss legit deductions or worse yet try to take deductions they don’t qualify for. That’s is where programs like Turbo Tax have more guidance and Tax preparers have depth of experience/training to get you the best outcome possible.
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December 12th, 2011
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