April 15th is just round the corner next week and if are a perennial procrastinator, this weekend is probably the best time to file your taxes. I did mine last weekend. Usually I file much earlier, but this year one of my clients took forever to give me a Form 1099 for services rendered. After what happened to Tim Geithner, one couldn't be too vigilant about getting that Form 1099 for filing.


All good things come to an end, and this year Turbotax's offer to State Farm customers is limited to customers of State Farm Bank only. Turbotax is offering their EZ version for free, but since I have to file Schedules C & SE, I am unable to take advantage of their EZ version. As I am not a customer of State Farm Bank (I only have homeowners' insurance through State Farm Insurance), I turned back to Taxact.com, which is now offering free preparation and filing for standard federal returns without any income qualification. That is great news for me.
Going back to Taxact took a while to get used to, since Taxact's layout and menus aren't as user-friendly or intuitive as Turbotax. Nevertheless, I am grateful for the free preparation and filing service for federal tax returns and am looking forward to my $2,417 refund by direct deposit. As for my state return, I was able to take advantage of my state's free online tax filing.
If your return is uncomplicated, take advantage of Turbotax's free EZ service. However, if you, like me, have a more complicated tax return, nothing beats Taxact's free standard federal preparation and filing. It still beats doing the forms by hand. I have never tried H&R Block's Taxcut and am therefore unable to offer you any thoughts about Taxcut.
How did your tax filing go this year?
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