How do companies who offer free tax filing make profit?

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I became curious of this after seeing some “life pro tips” posts about which tax-filing services are *actually* free. Obviously the big sites will try to squeeze every dime they can out of you, while claiming to be free. But some of these sites are legitimate **and** free, and I don’t understand how they can offer these services and still turn a profit.

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Anonymous 0 Comments

Sites like TurboTax are free for normal wage working people with W2s, but if you’re a business or being paid as a subcontractor with a 1099 it costs money to use the service. It’s still cheaper than having a decetnt accountant do your taxes but you have to effectively do the work yourself. The software is easier for the average person to use, but you can still submit your taxes for free directly to the IRS.

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