“HSA Entries and Buying Turbo Tax CD vs. paying Online Can I use Turbo Tax Deluxe if I have HSA deductions and expenses? Also, I prepared my income taxes online thinking it was free. When I was done with Federal and State there would be an approx. $72.00 fee. Why?”
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Yes, Turbo Tax will help walk you through HSA contributions and distributions.
Sorry, there was a problem. Please try again later.Yes
Sorry, there was a problem. Please try again later.Yes. This program allows you to enter deductions. You may file 5 federal returns electronically for free. The state usually has a fee; therfore I print and mail the state return.
Sorry, there was a problem. Please try again later.That's the hook. Purchase the deluxe at a store and it's about $40-$50 It comes with 1 free state download of your choice. It comes with 2 federal EFILES, AND an upcharge of $19.99 to efile your state. Thus i generally efile my federal and print and mail my state and after 10 years they both generally come back within a week or 2 of each other, thus its not worth the extra cost to me to efile my state. Just a personal prefference from 1 cheap dude who would rather spend my $20 in a different way.
Sorry, there was a problem. Please try again later.Yes, you can use turbo tax for your HSA and your 1099-SA form.
Sorry, there was a problem. Please try again later.I don't own a home but I filed my federal and state return for free
Sorry, there was a problem. Please try again later.California charges a fee of $19.99 to submit your state taxes. The federal is free, but turbo tax trys to add on an additional anti-audit fee for around $49.99, just click you dont want the addition because there is no real need for the anti-audit.
Sorry, there was a problem. Please try again later.1040EZ preparation is free because there in minimal processing... Everything else costs more depending upon what your needs are.
Sorry, there was a problem. Please try again later.Yes, there is an entry for your HSA expenses. Do not get it confused with your FSA though. But no worries, Turbo Tax will give you an explanation between the two. Also, I live in California and Turbo Tax came with free federal so I only paid $19.99 for filing both my federal and state. Maybe it differs from state to state? But my return was pretty simple so that may be the reason why it was only $19.99.
Sorry, there was a problem. Please try again later.TurboTax is not a free service. The TurboTax folk would answer your question about HSA. As an old retired CPA could find the answer, but then I would charge you more than $72 to do you tax return if I were still working.
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