For the first time ever Turbo Tax is offering consumers the ability to file their federal and state income taxes for free- yes, completely for free: no gimmicks, no hidden costs.

It’s called  Turbo Tax Absolute Zero offer and like the name implies you pay zero dollars to file your taxes using The Turbo Tax Federal Free Edition.

It is meant to give  individuals filing simple returns a no-cost option is available to anyone who:

–  files a 1040A/1040EZ form

-makes less than $100,000 a year

– takes a standard deduction as opposed to an itemized one.

In years past when you used the Turbo Tax Federal Free Edition only your federal taxes were free: you still had to pay $19.99 to file your state taxes so this is a big bonus for the over 60 million Americans using a 1040A/1040EZ form.

This will however, exclude individuals such as homeowners, those with heavy medical expenses and independent contractors it will.

There are no hidden fees, no added steps needed to qualify  and no time constraints either, as this offer is good throughout tax season.

What do you think of the Turbo Tax Absolute Zero plan?  Will you be taking advantage of it this year?  Share your thoughts with us about it below.