Tuesday, January 26, 2016

IRS Offers Free Tax Software

You may be eligible for free software to file your taxes as early as Tuesday.



The ever-amenable IRS will make it easier and potentially free (if not pain-free) to file your taxes.
Starting on Tuesday, certain eligible taxpayers will be able to file using one of 13 tax software products for free using the Free File program. Anyone with an adjusted gross income of $62,000 or less during 2015 is eligible for the freebie.

According to IRS spokesman Raphael Tulino, millions of past participants have saved nearly $1.4 billion by taking advantage of the software.

Free File is available only at IRS.gov/FreeFile. More than 70 percent of all taxpayers — 100 million people — are eligible for the software products, according to the IRS.

Tim Hugo, executive director of the Free File Alliance, said, “We are proud to once again offer the industry’s most innovative and secure tax software at no cost to 70 percent of American taxpayers. Tax time can be stressful, but Free File makes step-by-step help accessible to everyone making $62,000 or less.

IRS.gov/FreeFile is the one place where taxpayers can choose from a variety of industry-leading tax software options in order to prepare and e-file their federal tax returns at absolutely no cost.”

The IRS reminded people that the fastest way to get your refund is through e-file and direct deposit. All you need is your routing number and account number handy. Nine out of 10 taxpayers will receive their refunds within 21 days.

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