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Here are some free or low-cost options for filing your federal and state taxes in 2024. File taxes for free through the IRS ... FreeTaxUSA offers free federal income tax filing and a flat fee of ...
We rate the best tax software solutions — from budget-friendly options for straightforward returns to feature-rich platforms for more complex situations — to help simplify the 2025 tax season.
All options are free to use for federal tax returns, but FreeTaxUSA charges a flat $14.99 for state returns. Basic is for less complicated returns but includes all major tax forms.
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.
Other popular tax software includes: TaxACT at 7%, Tax Hawk (including FreeTaxUSA) at 5.9%, Credit Karma's free tax software (now owned by Intuit/TurboTax) at 1.7%, and TaxSlayer at 1.5%. [ 6 ] In some countries, the tax agency provides a prefilled return to streamline the process, but the United States has failed to adopt these technologies as ...
For-profit tax preparation companies such as Intuit, the developer of TurboTax, have lobbied for at least 20 years to prevent the IRS from offering return-free filing, simpler returns, or its own free electronic filing portal. [8] [9] Between 2013 and 2020, Intuit and H&R Block have each spent at least $2 million annually on lobbying. [10] [11 ...