IRS Free File Program

Tax season is here and for many Americans, it is a time of stress and anxiety. Filing taxes can be complex and confusing, and the cost of hiring a tax preparer can add to the burden. But what if there was a way to file your taxes for free? Here is a guide to the IRS Free File Program.

The IRS Free File program is a partnership between the IRS and private tax software companies allowing taxpayers with an adjusted gross income (AGI) of $79,000 or less in 2023 to file their federal tax returns electronically for free. This program could be a game-changer for millions of Americans, making it easier and more affordable to comply with their tax obligations.

Here are some of the key things taxpayers should know about IRS Free File:

Eligibility: To qualify for IRS Free File, you must have an AGI of $79,000 or less in 2023. There are also some additional eligibility requirements, such as not being a dependent or the need to file a complex tax return.

How to access it: The IRS Free File program can be accessed through the IRS website or by using one of the participating software providers. The IRS website provides a list of participating software providers, and taxpayers can choose the one that best meets their needs.

What is included: The participating software providers offer a variety of free tax preparation services, including the creation of your federal tax return, claiming tax credits, and e-filing of your return directly to the IRS. With a few exemptions, most of the IRS Free File trusted partners will charge a fee for state tax preparation and filing. If so, any state tax preparation must be disclosed on the trusted partner’s IRS Free File landing page.

Benefits of using IRS Free File: There are many benefits to using IRS Free File, including saving money on tax preparation fees, filing of taxes electronically for faster refunds, and getting on-line help. In addition, the IRS Free File program is available to both individual and joint filers and the program is available in both English and Spanish.

Here are some additional tips for using IRS Free File:

• Start early: Do not wait until the last minute to start filing taxes. The sooner a person starts, the more time they have to gather paperwork and complete returns.
  
  
• Gather necessary paperwork: Before starting to file taxes, gather all necessary tax documents, such as W-2s, 1099s, and receipts for deductible expenses.
  
  
• Read the instructions carefully: Each tax software program has its own instructions. Be sure to read the instructions carefully before starting to file returns.
  
  
• Ask for help: If help is needed using IRS Free File, there are a number of resources available, including the IRS website, the participating software providers, and free tax assistance programs.

IRS Free File is a valuable resource for millions of taxpayers. By taking advantage of this program, taxpayers can save money on tax preparation fees and file tax returns quickly and easily.

Written by Devon J. Arabo, Esq., LL.M.