Despite that roughly 70% of Americans who file are eligible for free tax filing through the IRS, they still spend $1 billion a year in unnecessary filing fees. With that in mind, here are your best options for filing your taxes for free. Start with IRS Free FileThe good news is that most people already qualify for free tax filing through the IRS’ Free File program—the only requirement is that your adjusted gross income is less than $72,000. If you make more than $72,000, however, the IRS doesn’t offer much, other than Free File Fillable Forms that you can use to prep your own taxes. Volunteer Income Tax AssistanceAnother option is the Volunteer Income Tax Assistance (VITA) program, which offers IRS-certified volunteers that can help you file your taxes for free, providing that you make $57,000 or less, or are disabled.
Source: The Nation February 19, 2021 16:41 UTC