License type:
Version:
2011
Page anchor:
1040NOW.NET
Review article:
Best Free Income Tax Filing Software and Service Not
Pros:
Fairly good interview process for income items but limited help for deductions.
Cons:
Pensions and annuities assumed to be tax free if taxable amount is blank. Interest income on 1099-INT is reduced by tax-exempt interest. No warning if educator expenses exceed $250. No warn if gambling loss exceed winnings. No help on medical expenses or mileage. No help with state sales taxes deductions. Schedule C car miles all at 2011 lowest rate. 1099-MISC income not transferred to Schedule C. Residential energy credit calculation overstated.
Adjusted Gross Income: $57,000 or less, and
Age 72 or younger, and
Live in any state, except: AK, FL, NH, NV, SD, TN, TX, WA and WY
Product type:
Is a web service or web application
Top Pick?:
0
Download page:
Developers website:
http://1040NOW.NET