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How To: File Taxes For Free

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Yahoo! Tech:
The Internal Revenue Service deems that taxpayers with an adjusted gross income of $52,000 or less in 2006 can file taxes at no charge. That means 70% of taxpayers (95 million) can file their taxes for free. Here’s a full list of IRS-approved services you can use for e-filing.

All of the following services are on that list and some basic versions are available for free for others taxpayers, too.
TaxACT Standard – Free for filling out and e-filing federal tax forms, either on web-based forms or by downloading forms onto your computer. The free service says it includes over-the-phone and web technical support, but it does not include state tax forms. You’ll pay $12.95 for those.

TaxSlayer – Free for active duty military personnel. And only $9.95 to prepare federal and state tax returns online.

H&R Block TaxCut Free File – For taxpayers age 50 and under with an adjusted gross income of $52,000.

TurboTax Freedom Edition – Free for taxpayers with an adjusted gross income (AGI) of $28,500; taxpayers who qualify for the Earned Income Tax Credit and have an and AGI of $38,348; and active duty military members with an AGI of $52,000.

CompleteTax – Free for taxpayers with an AGI of $29,000.

For more info, check out this about.com page, which has reviews on free and for-fee tax-preparation tools and software.

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