You can prepare and electronically file your federal
taxes for free using IRS Free File. It is fast, safe and easy to use. IRS Free
File does the hard work for you with either brand-name tax software or online
fillable forms.
Here are six facts that you should know about Free
File.
1. Free Options for All. If you make
$62,000 or less – as do 70 percent of Americans – you can choose easy-to-use
software to do your taxes and e-file for free. If you make more than $62,000
can use Free
File Fillable Forms, the electronic version of IRS paper forms. Either
way, it’s free.
2. Free File Does the Hard Work. IRS
Free File is a partnership between the IRS and tax software manufacturers that
make their products available for free. You don’t need to be a tax expert. The
software will help find tax breaks you may be able to claim but might overlook,
such as the Earned
Income Tax Credit. The software asks the questions; you provide the
answers. It will choose the right tax forms and do the math for you. Free File
can also help with the health
care law tax provisions.
3. Free File on IRS.gov. Access IRS
Free File on IRS.gov/freefile to avoid any charges for preparing or e-filing your federal tax
return. Once you choose a Free File company, you’ll go to their website to
prepare, print and e-file your federal tax return.
4. All Forms and Schedules are Free. Whether
you file Form 1040 EZ, Form 1040A or Form 1040, all are free. If you have a
mortgage interest deduction, children in college or made money in the stock
market, the Free File software will complete the forms and schedules you need.
5. Free Extensions. If you can’t make
the April 18 deadline (April 19 if you live in Maine or Massachusetts), you can
use Free File to request an automatic six-month extension. Making the request
is easy and free through IRS Free File. Just look for “free extensions for
anyone” in the company offers. Remember, this is a six-month extension of time
to file your tax return, not to pay your tax. If you think you owe, make an
estimated payment with your extension request. Tax software will help you make
this payment, or you can view otherpayment
options at IRS.gov.
6. Use IRS E-file. Remember, the
fastest way to get your refund is to combine e-file with direct
deposit. If you owe taxes, you can e-file now and set up an
automatic payment on any day until the due date. To view your payment options
visit IRS.gov/payments.
Each and every taxpayer has a set of fundamental
rights they should be aware of when dealing with the IRS. These are your Taxpayer
Bill of Rights. Explore your rights and our obligations to protect
them on IRS.gov.
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