Save Money with Free Tax Filing

Don't pay for tax services or tax software! The IRS offers free Internet filing options.

Did you know that 70% of the nation's taxpayers are eligible for free tax preparation and free electronic filing?

It's true!
Over 95 million tax payers are eligible to e-file for free!

Here are some facts from the IRS website about the program:

  • Free File is a free service offered by companies for taxpayers with an Adjusted Gross Income (AGI) of $52,000 or less.
  • Before selecting a company link, review the tax software company's criteria to confirm that you meet their eligibility for preparing and e-filing your federal return for free.
  • Fees for state tax returns may apply. Some companies offer free state tax return preparation and e-filing. Check company websites for more details.
  • You are under no obligation to buy any of the company's other products or services.
  • The service is also offered in Spanish

Visit the IRS website for the details on this service, www.IRS.gov.

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While we all need to pay our taxes, you shouldn't pay more than you actually owe. Understanding a few basic income tax tips can greatly lower your tax liability. You can claim a number of tax deductions in order to lower the actual amount of tax you pay. However, you should be aware of issues such as raises and the alternative minimum tax (AMT), which may alter your income tax analysis.

When tax time rolls around, people tend to fall into two categories: people who want to file their income tax return immediately and be done, and people who want to put it off as long as possible

Frequently Asked Questions on Ask.com
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Are you worried about penalties for late tax returns? For whatever reason, you've let the April 15th income tax deadline come and go. There are penalties for late returns, but, if you follow the appropriate steps, you can minimize the penalties and keep things in good order with the IRS. 

Nearly 75 percent of Americans receive a tax return each year, with each return averaging nearly $2,500. That's a nice windfall for most of us but that doesn't mean you should run out and spend it like it's burning a hole in your pocket. 

Use our checklist as a guide to help you gather necessary forms and receipts for preparing your income tax return. 

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