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FreeTaxUSA is an online tax preparation and e-filing service that allows individuals to file their federal and state taxes for free. The company was founded in 2001 by a CPA and a group of software developers with the goal of providing high-quality tax software at an affordable price. FreeTaxUSA is an IRS-approved e-file provider and has been used by millions of taxpayers to file their taxes accurately and securely.The basic version of FreeTaxUSA is completely free, allowing users to file simple federal tax returns with no additional cost. This includes support for various tax situations, such as filing for dependents, claiming the earned income credit, or reporting self-employment income.FreeTaxUSA also offers paid versions of their software that cater to more complex tax situations. These versions include additional features and support for itemized deductions, rental property income, investment income, and more. The paid versions are competitively priced compared to other tax preparation services in the market.The software provided by FreeTaxUSA is easy to use, guiding users through a step-by-step process to input their tax information accurately. The system also checks for errors or missing information before submitting the return electronically.In addition to federal taxes, FreeTaxUSA also supports state tax returns for all 50 states. Users can file their state returns along with their federal return for a nominal fee per state filing.Overall, FreeTaxUSA provides an affordable and reliable option for individuals looking to prepare and file their taxes online. With its intuitive software interface, it caters to both simple and complex tax situations while offering competitive pricing compared to other tax preparation services on the market.

FreeTaxUSA's main product is an online tax preparation service that allows individuals and businesses to file their federal income tax returns without any cost.