Understanding the IRS Free File Program for Eligible Taxpayers.
The IRS Free File
program is a partnership between the Internal Revenue Service (IRS) and
private tax software companies that allows eligible taxpayers to prepare and
file their federal tax returns for free using online tax preparation software.
To be eligible for the IRS Free File program, taxpayers must
have an adjusted gross income (AGI) of $73,000 or less in 2021. Some
participating tax software companies may also have additional eligibility
criteria, such as age or state residency.
Taxpayers can access the IRS Free File program through the
IRS website, which provides a list of participating tax software companies.
Each company has its own eligibility requirements, features, and pricing for
state tax returns and other services.
It's important to note that while the federal tax return may
be free through the IRS Free File program, some participating tax software
companies may charge a fee for state tax returns or additional services.
Taxpayers who don't qualify for the IRS Free File program
may still be able to use free tax preparation software through the IRS's Free
File Fillable Forms program, which allows taxpayers to electronically fill out
and file their tax forms for free without the help of tax preparation software.
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