![]() ![]() ![]() Presumably, that's not how they see things. cost of tax return preparation and filing can be a few dollars for mailing a. And presumably they'd only be interested if their projections where they'd make more money with such a change. state income tax refund is tax free, you do not have to report it on your. ![]() What we do not know is would a hypothetical 60% price cut see 2.5x the number of people pay to file state returns, as that's what it would take for them to "break even". But OP's assumption is more people would be willing to pay at a lower price (including me for prior years). This thread shows some are willing to pay the $25 price (including me this year). Likewise, if TurboTax tax incurs a "cost" (presumably charged by the states) to transmit the returns, it makes more sense for those to be covered by a per state/filing type charge.Īnd I'm assuming TurboTax has an "internal" cost to figure out/maintain how to file electronically in each state (since there is no universal system used by all states), so I understand the need to cover that cost. As has been noted, for those that want to avoid the $25 fee, they just need to "print" and "mail" their state returns. Not to mention, many people already use "free" options, raising the rate will likely only push more people down that path. Given that several states don't have income taxes, I think it would be the wrong approach to just raise the base rate on everyone. I'd prefer they build the filing fee into the price I do feel a little guilty about wasting paper, but not $25 worth of guilt (or $50 for our household). There's just no value proposition (for me anyway) in the curent $25 add-on offering. If I were running price and inventory management for Intuit, I'd either drop the add-on price, or raise the price of the bundle to include state e-file. I think Turbotax would get many, many, more state efilers at a more reasonable price. But, it's no actual work to hit the print button and walk the dog to the post office to save $25. I'm not willing to do any extra work to key in data to a state website, and gladly paid the $35 additoinal for state software when I needed a 2nd one for my mom. $50-ish on Amazon at a discount was resasonable for the package. I use the desktop Deluxe version, and get up to five free federal e-files, plus the software for one state. I'm hooked on TurboTax due to years of familiarity, and not interested in cheaper software optoins I'd have to learn to use. If not, the State of Michigan Department of Treasury offers links to software companies offering tax preparation and e-filing services.And to OP's point, at a cost lower than $25/state, TurboTax would probably get more people to pay to file state taxes. The tax software you used to prepare your federal (national) tax return form can probably also prepare your state income tax form. Look for “state only” offers and make sure that the non-resident form (Michigan Schedule NR) is available. If you prefer not to use SPRINTAX, The State of Michigan Department of Treasury offers links to software companies offering tax preparation and e-filing services. SPRINTAX (UM/Ann Arbor uniqname and password required) If you also need to file tax forms for other states, SPRINTAX can prepare them too for an additional charge. Your cost with the U-M discount will be $46.95 (this represents a $3 discount from the regular fee.) Use the link below to use Sprintax with the U-M discount. SPRINTAX is online tax software that can prepare your state tax return. State Tax Software Nonresidents for Tax Purposes Sprintax Two examples of the many such products available are Turbotax or H&R Block At Home™. Other options include purchasing commercial tax software or paying to use commercial tax preparation web sites. Department of Treasury Internal Revenue Service web site. Residents for tax purposes may be able use free tax preparation software listed on the the U.S. GLACIER Tax Prep software (UM/Ann Arbor uniqname and password required) Residents for Tax Purposes Review the GLACIER Tax Prep FAQs for further information. Your form will not be correct and you will then have to submit an amended tax return to the Internal Revenue Service (IRS). Nonresidents should not use software (one example is TurboTax but there are many others) designed for resident tax forms. Use is free of charge, but is limited to people with University of Michigan/Ann Arbor uniqnames. GLACIER Tax Prep also prepares Form 8843. GLACIER Tax Prep is a tax return preparation software program designed primarily for nonresident alien students, scholars, trainees, researchers, and other educational immigration statuses to prepare their U.S. Federal Tax Software Non-Residents for Tax Purposes ![]()
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