How to File Taxes Online for Free
Published:Do you want to file your income taxes online for free? This is something that many people are interested in. Filing taxes online has many benefits ? there are even ways to do it for no charge! Electronically filing your taxes for free helps you comply with the IRS and keeps your money in your pocket.
Of course, filing taxes online for free takes some effort and there are a few things you need to know before you can get started. Below are two of your best options for free electronic filing:
Check the IRS Free File program.
The IRS Free File program allows eligible taxpayers to file their tax returns online and free of cost. This program was setup through a partnership between the IRS and the Free File Alliance LLC.
Do you want to file your 2009 taxes using IRS Free File? If so, you must meet the following requirement:
- You have an adjusted gross income (AGI) of $57,000 or less
If you are interested in this online filing option, you will have to choose a free file company from the list provided by the IRS. There are many well-known providers including CompleteTax, Liberty Tax Service, TaxACT, TaxSlayer, H&R Block, and more.
Do you need some help making a decision on which tax filing software is right for you? Once again the IRS has you covered. They will help you find a company if you supply some basic information, including: your age, location, estimated gross income, and state return status.
Use free tax software.
The companies that sell tax preparation software have many ‘packages’ for taxpayers to purchase. On the lower end of the scale, there are even free editions available. For example, TurboTax offers a free online filing program for Tax Form 1040EZ and simple returns. If you have a simple return, TurboTax free edition is perfect for you. This includes free e-file. Filing for your state is additional.
TaxACT is also a popular provider of free online tax filing software. They have a free edition, as well as programs that you can pay for if you need more assistance or are dealing with a complicated return. With TaxACT’s free federal edition you will have the ability to prepare and electronically file your return free of charge, while also receiving email and audit support. Once again, state filing is an additional fee.
If you want to file your taxes online for free these are probably your two best options. Those who qualify for the IRS Free File program will find it is relatively easy to use. On the other hand, if you do not meet the requirements you can always find your own provider that offers free tax filing software.
Filing online means a faster and more efficient return process. And when you can do it for free, you are sure to be happier with the end result.