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TurboTax Free Federal Return Filing Helps Stimulate the Economy

Houston, TX (PRWEB) April 11, 2012

TurboTax is doing its part for economic stimulus, offering a fast, simple, and best of all, free way to e-file taxes. Today prominently featured a link to the Turbo Tax Federal Free Edition on their recently launched web page dedicated to special offers from TurboTax. The TurboTax free federal return filing option is becoming increasingly popular with taxpayers the closer it gets to the April 17th tax deadline for 2012. With exactly one week left to file, as of today, online filing with free tax software is one of the best options available.

The TurboTax free filing program connects individuals with their income tax refund by online filing, or eFiling, that has an incredibly fast turn around time. In part, this is due to recent changes implemented by the IRS just in time for the big rush of tax filings for the 2011 tax year. As of 2012, the IRS moved from a weekly processing cycle to a daily processing cycle. As described by the Commissioner of Internal Revenue Douglas H. Shulman in a press conference on April 5th, this means quicker overall processing times for all taxpayers, among a host of other benefits. And, in fact, taxpayers in 2012 are seeing their refund checks appear in the mail (or in their bank account) with astonishing promptness. Especially considering the bureaucratic leviathan of the IRS, which processed more than 200 million tax returns in 2011.

What all of these speedy tax refund checks arriving in the pocketbooks of consumers means is a nice little boost to the economy. According to the IRS, the average tax refund for the 2011 tax year (as of March 16, 2012) was $2,889. That’s an impressive number. And while some Americans are squirreling it away for a rainy day, many more are planning a family vacation, making home improvements, or buying new furniture. All activities that give a nice little boost to the U.S. economy’s agonizingly slow upturn.

“TurboTax free federal tax filing is a great way for users who qualify to get their taxes done,” said Justin Bowen, head of marketing at “It’s impressive, easy-to-use software that can double-check your numbers, provide online support and advice, and help you avoid the cost of hiring a tax professional.”

For the link to the TurboTax free federal return filing and other great offers, visit

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