I found out from my accounting class that IRS now offers Free File service, so people no longer need to buy a tax software to file their taxes electronically.
The link is to Free File is: http://www.irs.gov/efile/article/0,,id=118986,00.html
According to the announcement, IRS partnered with Free File Alliance, LLC to offer this service to the general public. You can fill out your 1040, 1040A, 1040EZ online and it will do the calculation for you. The best thing of all is: it is all free.
So the money saved on buying TurboTax or TaxCut can go toward your savings account. What a great deal in the slow economy!
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