Intuit's TurboTax has long been a favorite for income tax preparation. With the new TurboTax Free Edition, you can eFile your federal taxes for free -- and you can use the same figures to pay your state taxes for an additional fee. With TurboTax you can get your refund in as little as 8 days with direct deposit which is a definite plus. If you are filing a Form 1040EZ or other simple tax return, TurboT ax is highly recommended.

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