[Chat] taxes

[Stephen J Gewirtz]

Judy,

I just looked, and I paid $63.55 each year since 2009 for Turbo Tax.  
That includes sales tax.  And last year and the year before, I paid 
$19.95 to e-file Maryland income tax, and I would guess it will cost me 
the same again this year..  So I paid about what you paid.

Since you have a house, my guess is that you itemize deductions and 
cannot get by with a more stripped-down version.

One trick that goes with all of the tax preparation software is that 
they will try to persuade you when you are ready to e-file to get your 
refund immediately instead of waiting a week or two.  If you fall for 
it,  you will pay an interest rate that is really out of sight.  Tax 
refund anticipation loans are a bad deal for consumers, but they bring 
in a lot of money for companies that provide tax software.  I know that 
you will not fall for it, but I mention this for the benefit of others 
on the chat and discussion lists.

Steve

On 2/2/2012 4:29 PM, judy berlin wrote:
> I have been trying to do my taxes using turbo tax. At the end I'm 
> being charged $80. for federal and state and a processing fee. What am 
> I doing wrong? Is there another free tax service on line?
> Judy
>
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