Is TurboTax 2024 Free to Download and Use? A Comprehensive Guide
TurboTax, developed by Intuit, is a widely used tax preparation software that offers various versions tailored to different tax situations. As of 2024, TurboTax provides both free and paid options, depending on the complexity of your tax return. This guide will delve into the details of TurboTax 2024's offerings, eligibility for free use, and instructions on how to download turbotax . Understanding TurboTax 2024's Free Offerings TurboTax Free Edition TurboTax's Free Edition is designed for taxpayers with simple tax situations. According to Intuit, approximately 37% of taxpayers qualify for this version. It supports Form 1040 and allows users to claim the Earned Income Tax Credit (EITC), Child Tax Credit, and student loan interest deductions. Key Features: Free federal and state tax filing for simple returns. Supports W-2 income, limited interest and dividend income, and standard deductions. Includes guidance for claiming dependents and education credits. E...