Wednesday, March 26, 2008

TurboTax raises their eFile fees to $17.95!

I thought I was getting a really good deal when I bought TurboTax Deluxe at Costco for $22 (with coupon). And that is a great price.

Unfortunately, their eFile fees are up to $17.95. A total of almost $36 for federal + state. Last year, I think I paid $10 + $15, and there was even a rebate on the Federal eFile.

I'm glad they got rid of the rebates, of course! They were awful.

But this is the first year in a while when I didn't eFile, even though I expected a refund. Doing the math, at 2% bank interest (optimistic), the 2 weeks that eFile may speed up my refund wouldn't pay off unless my refund was over $23k. (Check my math here...)

And of course I'm helping people at the IRS keep their letter-opening jobs, which will help our economy. :-)

1 comment:

Wacky Guy said...

A friend of mine recommended TaxAct: "Federal software & eFile is free; state is $22 with eFile"