TurboTax Free Edition 2010, 2011 is Available for Tax Filing Announces Harbor Financial

January 25, 2011 (PRLEAP.COM) Business News
TurboTax Free Edition for 2010 is available today for individuals who would like to prepare and file their income tax return forms. Harbor Financial has helped tax filers with online tax preparation and tools such as, the tax return calculator. Taxpayers can get started today with TurboTax Free Edition 2010 to prepare and file their income tax returns. Americans may think they have to wait to prepare and e-file their tax returns due to IRS processing delays, but they do not have to wait.

The TurboTax software allows taxpayers to prepare and e-file their income tax return right now. Individuals will receive their state refund as soon as possible and their federal tax return will be filed automatically by TurboTax as soon as the federal government starts accepting income tax returns for processing.

File Tax Returns Now With TurboTax Free Edition

Those who wait to prepare and file their tax returns may end up in a bottle neck situation during February. This important information is for those tax filers who do not know they can get their tax return in the front of the line so to speak and avoid the lengthy processing delays.

Harbor Financial offers a free tax return calculator for tax filers to estimate their tax refund. Harbor Financial also provides helpful instructions about how to prepare tax forms through their free tax videos and tax articles.

Free Income Tax Return Filing Qualifications

Individuals who have an adjusted gross income of $58,000 or less may be eligible for free tax preparation and filing services. Nearly 95 million taxpayers qualify for the free edition of income tax preparation and filing service and may not even know they qualify for the TurboTax Free Edition.

The TurboTax Freedom Edition is available for taxpayers who qualify for the Earned Income Tax Credit, or is an active duty military person who has an adjusted gross income of $58,000 or less, or is an individual who has an adjusted gross income of $31,000 or less.

The fastest way to receive a tax refund is to electronically file the income tax return and to choose the method of direct deposit of the tax refund. As soon as the IRS starts accepting tax forms TurboTax will notify their customers with an email notification of when their tax return was officially accepted. Once the tax return is accepted by the IRS the taxpayer can start tracking the expected date of the anticipated tax refund.