How to File Your Taxes For Free in 2020
Via Billy
Yes, you can file your 2019 federal taxes online for free — but it pays to be smart about it.
The IRS struck a deal with tax preparation software companies in 2002 to ensure middle class taxpayers can file for free, but the rules are wonky and complicated, which might be one reason for the program’s underuse.
About 70% of taxpayers qualify to use free tax prep software through the Free File Alliance, a joint effort between the IRS and several private tax preparation software companies, according to the IRS. But statistics show only about 2.7 million returns — out of about 134 million individual returns total — were filed using the IRS’s Free File program for fiscal year 2018, according to IRS data.
Source: https://freenorthcarolina.blogspot.com/2020/02/how-to-file-your-taxes-for-free-in-2020.html
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