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.