Creditkarma offering free fed and state tax filing for 2016 (including e-file)

[Tom57]

Further Update: Credit Karma free Tax Prep

I waited a week after Credit Karma emailed me that they had escalated my issue about how to access (if at all) Form 8606 (Nondeductible IRAs).

I filed my return for free using OLT.com on 2/13/17, the IRS accepted the return on 2/14/17 and the IRS (https://www.irs.gov/refunds) says my refund will be in my checking account 2/22/17.

OLT.com was a bit clunky to use compared to Turbo Tax, Tax Act and Credit Karma but is accurate and complete with the state sales tax calculator and Form 8606. The return preparation and federal E file were free. I paid OLT.com exactly $0.00 and exactly $0.00 was deducted from my refund.

For those who live in states with a state income tax there is some charge by OLT.com for the state return and E file.

I have not heard yet from Credit Karma how and if they support Form 8606.

 

[zinger1457]

For those who live in states with a state income tax there is some charge by OLT.com for the state return and E file.

OLT.com offers free state efile if your AGI is less than $64K.

 

[Tom57]

OLT State Fee

I was using https://www.olt.com/main/home/products.asp as my source that OLT charges for state returns.

This webpage says state returns cost $7.95 to $9.95. I don't know anything else about OLT and state returns since I live in Nevada and we don't have a state income tax.

 

[zinger1457]

Free fed and state efile:

https://www.olt.com/main/vita/default.asp

 

[Tom57]

OLT State Fee

Free fed and state efile:

https://www.olt.com/main/vita/default.asp

You are correct and I was wrong.

The OLT State return prep and E file are free if AGI is less than $64,000. I looked in the wrong place on OLT.com.

Do/did you use OLT.com? What did you think about it?

 

[zinger1457]

Do/did you use OLT.com? What did you think about it?

I used it last year for the first time and liked it, will use it again this year. Should note that my returns are fairly straight forward, I don't itemize deductions, so not sure how well it works with more complex returns. Just started my 2016 returns and it seemed to do a good job of pulling any needed information from my 2015 returns.