NJ requires e-filing so I had no choice for that return.
TURBOTAX BUSINESS FILING COST FOR FREE
I chose to print and mail them for free to MA. TurboTax Live tax experts are available year-round in English and Spanish and can also review and help file your simple tax return. That would have been three e-file fees, two to MA and one to NJ. I was able to complete the MA return for both corporations without an additional payment.īUT, if I wanted to e-file the MA returns for both corporations I would have had to pay again for each corporation to e-file.
TURBOTAX BUSINESS FILING COST DOWNLOAD
I had to pay $55 to download the MA forms and $55 for the NJ forms. Both corporations do business in Massachusetts and one also did business in New Jersey.
Depending on your state you may be able to print your return and file it for free or copy the information from TT into a state provided web site to file on-line for free.įor example, I have two corporations. It does not allow you to e-file it, that is an additional cost. Even though you paid to download a state file, that only lets you create a return. This is charged for each e-file for each state. The second cost is to e-file your state return. You can use a downloaded state return for multiple filers without paying again for each additional filer in that state. This lets you transfer information from your federal return to the state return and then do all the state specific things to create a return for that state. If your version does not include a state or you need more than one state, as I do, then you have to pay that the $55 cost for each state downloaded. Some TT versions include one state with your purchase cost. Your total cost for TurboTax Self-Employed depends on: When you e-file TurboTax products, including Self-Employed, are up to 20 cheaper early in the tax season. Save up to 20 on federal filing compared to TurboTax®. This is ~$55 per state as far as I know but some states may have a different cost. When it comes to paying for your filing fees, we offer options like choosing to have your fees deducted directly from your refund. Features: Each of these programs has some features the other lacks.
TurboTax Business is considerably more expensive at 159.99 for federal and 49.99 for state. There are two different costs associated with state returns using TurboTax.įirst, there is the cost to download each state return. Pricing: Depending on your business structure, TaxAct costs either 39 or 60 for federal filings, and they charge 37 to file your state return.