As the April 15, 2025, tax filing deadline approaches, the Internal Revenue Service (IRS) emphasizes the importance of timely filing to avoid penalties and interest.
To assist taxpayers, the Internal Revenue Service offers Free File—a suite of online tools enabling free federal tax preparation and filing.
Key Features of IRS Free File
IRS Free File provides several advantages for eligible taxpayers:
- Free Tax Preparation: Eligible individuals can access free tax preparation services, simplifying the filing process.
- Electronic Filing: Free electronic filing is available, ensuring faster processing and refunds.
- Direct Deposit: Taxpayers expecting refunds can opt for free direct deposit, expediting receipt.
- Guided Assistance: Online software offers step-by-step guidance, helping taxpayers identify and claim applicable credits and deductions.
Eligibility Criteria
While Internal Revenue Service Free File is a valuable resource, it’s important to note that not all taxpayers qualify. The program is available to individuals and families with a 2024 adjusted gross income (AGI) of $84,000 or less.
AGI encompasses wages, business income, retirement income, and other taxable earnings, excluding non-taxable items like Supplemental Security Income (SSI) benefits.
Benefits of Using IRS Free File
Utilizing IRS Free File offers multiple benefits:
- Accuracy: The software minimizes errors by guiding taxpayers through the filing process and performing necessary calculations.
- Comprehensive Support: Free File assists in identifying eligibility for various tax credits, such as the Child Tax Credit and the Earned Income Tax Credit.
- Cost Savings: By using Free File, taxpayers can avoid fees associated with professional tax preparation services.
- Accessibility: The platform is accessible via smartphones, tablets, and computers, supporting both English and Spanish languages.
Filing an Extension
For taxpayers needing additional time, IRS Free File offers an easy method to request an automatic six-month extension, moving the filing deadline to October 15, 2025.
However, it’s crucial to remember that this extension applies only to the filing date, not to any taxes owed. Taxes due must still be paid by April 15 to avoid penalties and interest.
Alternative Free Filing Options
Beyond IRS Free File, other resources are available:
- Free File Fillable Forms: Available to taxpayers of all income levels, these electronic forms allow individuals comfortable with tax preparation to file independently.
- Volunteer Income Tax Assistance (VITA): Provides free tax help to those earning $67,000 or less, individuals with disabilities, and limited English-speaking taxpayers.
- Tax Counseling for the Elderly (TCE): Offers free assistance to taxpayers aged 60 and older, specializing in retirement-related issues.
- MilTax: A Department of Defense program offering free tax preparation and filing services to military members, veterans, and their families.
Important Considerations
- Timely Filing: Even if unable to pay the full tax liability, filing the return by April 15 helps avoid late-filing penalties.
- Payment Options: The IRS provides various payment methods, including direct pay, credit or debit card payments, and installment plans for those unable to pay in full.
- State Taxes: While Internal Revenue Service Free File assists with federal returns, taxpayers should check their state’s tax authority for state-specific filing options and deadlines.
IRS Free File Features
| Feature | Description |
|---|---|
| Eligibility | Available to taxpayers with a 2024 AGI of $84,000 or less. |
| Tax Preparation | Free guided tax preparation services. |
| Electronic Filing | Complimentary e-filing for faster processing. |
| Direct Deposit | Option for free direct deposit of refunds. |
| Assistance | Step-by-step guidance to identify eligible credits and deductions. |
| Accessibility | Accessible via smartphones, tablets, and computers; supports English and Spanish. |
| Extension Filing | Option to file for an automatic six-month extension using Internal Revenue Service Free File. |
| Alternative Options | VITA, TCE, and MilTax programs offer additional free filing assistance. |
With the April 15 deadline nearing, taxpayers are encouraged to utilize Internal Revenue Service Free File and other available resources to file their taxes accurately and on time, ensuring compliance and optimizing potential refunds.
FAQs
What is IRS Free File?
Internal Revenue Service Free File is a program offering free online tax preparation and filing services for eligible taxpayers, simplifying the tax filing process.
Who qualifies for IRS Free File?
Taxpayers with a 2024 adjusted gross income of $84,000 or less are eligible to use Internal Revenue Service Free File services.
How can I request an extension using IRS Free File?
Through IRS Free File, taxpayers can electronically file Form 4868 to request an automatic six-month extension to file their tax return.