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The Internal Revenue Service and Free File Inc. have agreed to extend the Free File program through October 2029. The program is in its twenty-second filing season.
Via Free File, eligible taxpayers can file prepare and file their taxes at no cost.
Available on IRS.gov, the program saw 2.9 million returns filed through the program this year, a 7.3-percent increase from the 2.7 filed in last year’s corresponding period. Free File remains available through the October 15 extension filing deadline
Eight companies provide free use of their tax software products to any taxpayer with an Adjusted Gross Income of $79,000 or less in 2023. Those with higher incomes can still use the Free File Fillable forms.
The companies participating in Free File are 1040Now, Drake (1040.com), ezTaxReturn.com. FileYourTaxes.com, On-Line Taxes, TaxAct. TaxHawk (FreeTaxUSA) and TaxSlayer.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind