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Free service for low-income taxpayers

Low-income taxpayers can get free use of Intuit online tax services, the company said. The offer, for taxpayers with an adjusted gross income of $25,000 or less, is good until Oct. 16 and allows people to use TurboTax for one federal and one state tax return. The price can run more than $40. More than 60 million Americans qualify for the program. Intuit has also teamed up with Wells Fargo to let customers of its TurboTax program instantly open and fund a Wells Fargo Individual Retirement Account from within the application. While preparing their return, taxpayers can instantly reduce their taxable income by up to $2,000 in 2001 by opening an IRA before April 15 of this year.

Alorie Gilbert
Alorie Gilbert Staff Writer, CNET News.com
Alorie Gilbert
writes about software, spy chips and the high-tech workplace.
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Low-income taxpayers can get free use of Intuit online tax services, the company said. The offer, for taxpayers with an adjusted gross income of $25,000 or less, is good until Oct. 16 and allows people to use TurboTax for one federal and one state tax return. The price can run more than $40. More than 60 million Americans qualify for the program.

Intuit has also teamed up with Wells Fargo to let customers of its TurboTax program instantly open and fund a Wells Fargo Individual Retirement Account from within the application. While preparing their return, taxpayers can instantly reduce their taxable income by up to $2,000 in 2001 by opening an IRA before April 15 of this year.