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The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $73,000 for Tax Year 2022.
The Free File Alliance is a group of tax preparation companies which operate a public-private partnership with the Internal Revenue Service (IRS) to provide free electronic tax filing services under the IRS Free File program to United States taxpayers meeting certain guidelines. [1] The IRS stipulates filers must have an adjusted gross income ...
For-profit tax preparation companies such as Intuit, the developer of TurboTax, have lobbied for at least 20 years to prevent the IRS from offering return-free filing, simpler returns, or its own free electronic filing portal. Between 2013 and 2020, Intuit and H&R Block have each spent at least $2 million annually on lobbying.
In exchange, tax preparation companies agreed to provide free services to taxpayers making $73,000 or less. The provision that barred the IRS from exploring a free-file system expired in 2019, but ...
Here are eight of our favorite free tax preparation services. 1. The IRS. The IRS offers two versions of its Free File program. If your Adjusted Gross Income (AGI) was less than $73,000 in 2021 ...
Intuit offers free tax preparation software for individuals filing simple tax returns through TurboTax. A simple return is a basic 1040 form, which generally includes W-2 and unemployment income ...
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