The Convenience of Free Online Tax Filing
Tax season is here, but filing your taxes doesn't have to be a hassle. The IRS free-filing program offers taxpayers an easy, free way to prepare and file their federal income taxes online. This provides access to guided tax software and fillable forms on IRS.gov, saving you time and money.
How Does It Work?
The IRS partners with several tax preparation companies to offer their products for free through Direct File. As long as your adjusted gross income is $79,000 or less, you can use Direct File to file your federal taxes at no cost electronically. To access the program, you must go through the IRS website. Going directly to a tax prep company's website could result in charges.
Who's Eligible?
Most American taxpayers, about 100 million people, qualify for Direct File based on their income. You must file as single or married filing jointly and have an AGI of $79,000 or less. You also cannot file foreign taxes or report self-employment income over $17,000. However, Free Fillable Forms, the electronic version of IRS paper forms, is available even if you don't meet all the criteria.
Why Use Direct File?
Direct File makes tax filing easy, fast, and secure while saving you money. Benefits include:
- Step-by-step guidance to walk you through the process
- Error and fraud checks to ensure an accurate return
- Fast refunds issued within 21 days when combined with e-file and direct deposit
- Secure transmission of your tax information
- Access to help from tax professionals
When Should You File?
For most taxpayers, federal tax returns are due on April 15th. However, you can file as early as January to get your refund faster. The IRS starts accepting returns in late January and issues refunds within 21 days for those who e-file with direct deposit. Filing through Direct File is the quickest way to get your refund.
Get Your Biggest Refund
Don't miss out on deductions and credits by paying for tax prep. Use Direct File to file your taxes accurately at no cost and claim your maximum refund. With an easy-to-use online platform and guidance to help along the way, Direct File makes tax time hassle-free so you can get your refund fast and move on. Take advantage of this free IRS service today.Consult with a professional tax advisor to help you learn more about the free online tax filing!