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A Guide to Free Online Tax Filing
Larry Denton
Whoever said "there is no such thing as a free lunch" may have been right about food. However, for millions of eligible taxpayers, with an Adjusted Gross Income of $50,000 or less, there is Free File. Free File is online tax preparation and electronic filing through a partnership agreement between the Internal Revenue Service and the Free File Alliance, LLC. In other words, you can e-file for FREE.
Are you a last minute tax filer who needs additional time to file your return? Several companies offer free e-filing of Form 4868, Automatic Extension of Time to File. All taxpayers qualify because there are no restrictions or qualifications.
Before Getting Started...
A few points are worth noting. For instance:
Free File is a free service offered by companies for taxpayers with an Adjusted Gross Income (AGI) of $50,000 or less.
Carefully review the free offer descriptions before starting your return. Individual company offers may be limited to specific states and income levels.
Each company has a description of their eligibility criteria for preparing and e-filing your federal tax return for free.
You are under no obligation to buy any products or services.
Telephone filing (Telefile) is no longer available. Many taxpayers who used this telephone service in the past may qualify to use Free File.
Of particular importance--When choosing a company, be sure to link to the company's web site through IRS.gov. If you directly to a company's web site, you may not get the free service and end up paying a hefty fee.
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