Taxpayers whose income falls below a specific threshold can utilize free commercial tax software available through the IRS Free File program, a collaboration between the IRS and the Free File Alliance.
Additionally, the website offers other no-cost filing services, irrespective of income level.
Furthermore, several companies provide a complimentary version of their tax preparation software, although they typically have limitations and are most suitable for straightforward returns.
Among the entities offering such services are IRS Free File, various free online tax software options, Volunteer Income Tax Assistance (VITA), GetYourRefund Tax, Counseling for the Elderly (TCE), MilTax Direct File, and the upcoming Direct File initiative by the IRS, which will enable electronic filing in 12 states.
Navigating IRS Free File: What You Need to Know
This service is highly reliable as it is endorsed by the IRS and operates in collaboration with a non-profit organization, ensuring that no fees are charged for its use.
It grants access to software furnished by tax preparation entities, including prominent brands, and provides services in Spanish for individuals who prefer this language over English.
For the tax year 2024, households or individuals with adjusted gross incomes of $79,000 or less in 2023 typically qualify to utilize the service, although each provider may impose additional conditions, so it is advisable to review the terms carefully.
While the IRS facilitates the electronic submission of forms at no additional charge, it does not offer comprehensive guidance on tax regulations and essential particulars, nor does it provide options for state filing.
The service remains available until the tax extension deadline on April 15, 2024, with returns due by October 15, 2024.
