TurboTax – which has been criticized for some sketchy tactics when it came to providing online access free of charge through the IRS site – is now shocking taxpayers by informing them that the big brand name has exited the Free File program.
The news officially was released in July, which frankly is a fantastic time to sneak in a tax change. Most early filers don’t start thinking about their taxes until January or February and some are now surprised to learn online or via email of a significant change ahead for Free File.
TurboTax notes online: “Intuit has elected not to renew its participation in the IRS Free File Program and will no longer be offering IRS Free File Program delivered by TurboTax.”
TurboTax is the second big name to stop participating. H&R Block exited Free File in October 2020.
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The Internal Revenue Service is expected to announce the start of the tax season in the near future. If we don’t see delays, the tax season could kick off in late January.
This year, 2021 tax returns are due April 18, according to IRS instructions online for the tax season. (Those who live in Maine or Massachusetts have until April 19 because of the Patriots Day holiday in those states.)
The majority of people buy tax software to do it themselves or hire tax professionals to handle…
