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IRS Direct File is a popular free program that offers guidance and support as you fill out your tax return and file your taxes directly with the IRS. And it may not be long for this world.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.
But only a tiny share of taxpayers actually use Free File: about 4%, according to a 2022 Government Accountability Office report. Private tax preparers deserve some blame.
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
Tax Day is almost here, and the IRS is reminding taxpayers that they may be able to use the agency's free tool -- the IRS Free File -- to prepare their own federal tax return "to potentially ...
According to the IRS, a Group Exemption Letter is a ruling or determination letter that is issued to a central organization recognizing, on a group basis, the exemption from Federal income tax under 26 U.S.C. § 501(c) of subordinate organizations on whose behalf the central organization has applied for recognition of exemption.
When tax filing season opens on January 29, some taxpayers will have the option of filing their 2023 federal tax returns with a brand new, government-run system. IRS set to launch its free tax ...
The IRS's new, free filing software for relatively simple tax returns is now available in 12 states. The Direct File service, which is being piloted for the first time for 2023 tax-year returns ...