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MasterCard and Official Payments Corp. Help MasterCard Credit and Debit Cardholders Save Money on TurboTax Programs


WEBWIRE

Purchase, N.Y.- MasterCard® Worldwide today announced a new promotion that allows MasterCard cardholders to save 20 percent on any TurboTax® OnlineSM federal tax preparation product purchased with a MasterCard card. In partnership with Official Payments Corp., a wholly owned subsidiary of Tier Technologies Inc. and the leading provider of electronic payment services to government entities, the promotion will allow MasterCard cardholders to file and pay their taxes conveniently and hassle-free.

In addition to the 20 percent savings on a TurboTax Online federal preparation product, which includes free e-filing, MasterCard cardholders can also receive a 10 percent savings on Desktop Downloads and TurboTax Business Downloads. The benefits offered through the promotion not only allow cardholders to save money, but they also let consumers earn the rewards and benefits that come along with using their MasterCard card, reduce concerns associated with last minute filings and eliminate the need to stand in line at the post office.

In 2008, the Internal Revenue Service reported that 90 million taxpayers filed their taxes online, up from 80 million in 2007. As payment cards continue to replace cash and checks, taxpayers are increasingly taking advantage of the convenience that comes with filing and paying taxes online.

How Does This Program Work?
To participate in this program, taxpayers must make a federal personal income tax payment online using a MasterCard card at www.officialpayments.com./turbotaxmc. Cardholders can save 20 percent on any TurboTax Online federal product, which includes free e-filing and 10 percent on Desktop Downloads and TurboTax Business Downloads. The offers are valid for purchases made between December 10, 2008 and October 15, 2009. For complete details, including additional terms and conditions that may apply, please visit www.mastercard.com.

For More Information
Taxpayers with specific questions about their U.S. federal income tax obligations and regulations should contact the Internal Revenue Service at 1-800-829-1040 or visit www.irs.gov.



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