Did you make $58,000 or less last year? Do you want the thrill of doing your own taxes? In addition, do you want to file electronically and have your refund deposited directly into your checking account? Then the Internal Revenue Service has a deal for you!
File For Free Tax Software
The IRS has entered into an agreement with 14 commercial software companies, including well-known companies such as TurboTax, H&R Block, Tax Slayer and TaxACT, to help taxpayers making $58,000 per year or less prepare their own taxes and file them for free. IRS data shows that 70% of United States Taxpayers qualify to use this free, do-it-yourself service.
How Does the Free Tax Software Work?
The process is fairly simple. Go to www.irs.gov/freefile and you’ll find a link that looks like this:
Once you click the button, you will be brought to a screen that lists the 14 participating software products. You can click on your favorite software provider, such as TurboTax, or you can press the “Help Me Find Free File Software” link and by answering the questions the IRS will help you chose a provider.
Here is a video the IRS prepared to help you:
From There, You Are On Your Own
From there, you are on your own. After all, that is what do-it-yourself means. You’ll enter all your tax information in the appropriate places. You’ll enter your banking information. You’ll then submit your tax return and you’ll be done.
Don’t Forget Your State Tax Returns
As you are obviously well aware, the IRS only covers Federal Tax Returns. Once you submit your tax return using the IRS’s Free File system, you’ll still have to deal with your state return. The 14 participating vendors are well aware of this and each will offer you some type of deal to prepare and file your State Tax Return.
Don’t want to do it alone?
We are here to take the hassles and burdens
of your tax preparation off your shoulders!