Showing posts with label Free File Alliance. Show all posts
Showing posts with label Free File Alliance. Show all posts

Tuesday, January 19, 2016

More American Households Qualify for Free File Tax Services Posted on

irs-logoThe Internal Revenue Service is looking to help more middle income households file their tax returns for free.
This year, the Free File Alliance and the IRS have re-launched the Free File program. For 2016, there are 13 tax software providers that have made their federal tax return products available for free.
Gross income requirements to file a free tax return have been altered from $60-thousand to $62-thousand in 2016. That affects 70-percent of American taxpayers according to information provided by the IRS.
State tax returns work a bit differently. A growing number of states have been working to make preparation and filing free, but the choice to apply a fee is largely left up to the preparation service.
The Free File Alliance says they have also been working to increase the security of tax documentation – with more identity theft safeguards. Information is also provided which allows taxpayers to get information about how to safeguard themselves against identity theft and potential tax fraud.
More than 46-million people have used the Free File service. Free File software may be used immediately to prepare your tax return. More information is available on the IRS website.