Filing taxes is one of the most boring things you'll ever do. However, you have to do this every year, even if tax laws and requirements change.
You can buy software from places like TurboTax or H&R Block to do this yourself. Or you can see a tax professional who will help you make as much money as possible from your tax return. If you see a professional, you may be able to reduce your tax liability.
But not everyone needs the help of software or a specialist. For many people with simple documents, you could file for free and still get a good portion of your money back in your tax return. Here are the places where you can file your taxes for free as long as you qualify.
Free IRS File
If you are unsure about third-party software, contact the Internal Revenue Service directly. The IRS offers free file software if your income is less than $ 69,000. Or you can use Free File Fillable Forms if your income is over $ 69,000.
It is important to know the difference; The software offers free return options, while the fillable forms do not. For fillable forms, you must submit your taxes yourself without IRS help. You have to do the calculations yourself and have the tax return of the previous year on hand.
. 2 VITA or TCE
The IRS also offers free tax preparation services for the most needy. The Volunteer Income Tax Assistance (VITA) program supports filers who earn less than $ 56,000, people with disabilities, or people with limited English skills. The volunteers are IRS certified and provide an income tax return.
Tax counseling for the elderly (TCE) is available to all taxpayers, but is aimed at people aged 60 and over. The preparation offers specific advice on pension-related problems that seniors are currently facing. Some people may not be retired yet, but are about to retire and may benefit from TCE services.
Both VITA and TCE services are available at the community level. Use the VITA Locator Tool to find a VITA or TCE site near you, or call 800-906-9887.
. 3 H & R Block
H & R Block has offices and professional help nationwide, but also offers the option to file your taxes online for free. You can easily import your tax documents, which means you can switch from the software you used in the past year. If you have problems submitting, you can use H&R Block help or online technical support.
The free file also gives you access to tax deductions and credits including the tax credit for earned income. The free file software also logs your refund when you complete it so you can see how much you earn on the go.
. 4 TurboTax
TurboTax also charges fees for the use of its software or online services. But, like H&R Block, it has a free file program. The conditions of participation are announced at the beginning of each tax season as they change every year.
. 5 TaxAct
File your federal and state taxes with TaxAct free of charge. You can import your registrations from TurboTax or H&R Block or import your TaxAct feedback from last year at no extra charge. Sometimes, when free preparation is offered, there is an additional filing fee. With TaxAct, however, you can prepare, archive and print everything for free. When you submit your federal declaration, your data is automatically completed in your state declaration, making it easier and faster to fill out. As with H&R Block, you can view your estimated refund in real time.
. 6 eSmart Tax
Liberty Tax offers eSmart Tax with several different levels, including a free one. To qualify, you need a relatively simple return with a Form 1040. You can also import the returns from last year from other taxpayers. While other offers have free returns, eSmart charges an additional fee for this service.
. 7 TaxSlayer
To qualify for a free TaxSlayer submission, you need a simple return. You can prepare, archive and print out your return for free and receive a free return at no additional cost. While some creators only offer online support via chat, TaxSlayer offers email and phone support if you need additional help. You can also deduct your registration fees from your federal tax refund.
. 8 Credit Karma
Even though Credit Karma is mostly known as a place where you can check your creditworthiness for free, you can take advantage of its other products, including free tax filing. With Credit Karma, you can also file a government tax return for free.
When can you submit your taxes for free?
Once you have received your W-2 from your employer, you can submit your taxes. Employers must send the forms before January 31. This means that you can submit an application at any time after receiving your documents. Tax day is April 15th.