IRS Free File: Why should taxpayers use it?

The Internal Revenue Service (IRS) reminds taxpayers that Free File will let you file an accurate tax return. For your information, inaccurate tax returns is one of the main reasons why a tax refund may be delayed.

Therefore, it is a compelling reason to start using IRS Free File if you have never than so before in your previous tax return. Another solid reason to use Free File is its price.

How much does the IRS Free File cost?

Using Free File is free. Hence, you will be able to use it and benefit from all the advantages it has at no cost. The only problem is that not all American taxpayers qualify.

If you qualify, it will allow you to prepare your 2024 tax return and file it online. It will mean you will not have to visit a tax preparer or go to an IRS office to do so.

Its up-to-date and efficient guided tax preparation software is safe. What is more, it is easy. Having the possibility to use this straightforward IRS tool for free is priceless.

Who’s IRS Free File for?

Taxpayers must have an AGI of $84,000 or less. The only trouble with the Free File is the fact that it is only available in 25 States. Besides, you can use this free tool in English or Spanish. And yes, you can use it on a computer, tablet, or smartphone.

Keep in mind that IRS Free File is only for taxpayers filing simple federal tax returns in 25 states. Thus, you can only report these types of income:

SSA-1099 Social Security income.
1099-R retirement income.
W-2 wage income.
1099-G unemployment compensation.
1099-INT interest income.
1099-MISC for Alaska residents reporting the Alaska Permanent Fund Dividend.

Therefore, you will not be eligible for Free File if you have rental or business income. Those on the gig economy do not qualify either. To check your eligibility visit: https://directfile.irs.gov/

Full list of States on Free File: