Friday, March 22, 2019
Economy

How to File Taxes for Free

young woman sitting at her desk doing her taxes with calculator, folders and computer

Tax file services make tax preparation easier and can save you money. There are even free tax filing options for those who have simple returns or want to save more. It’s never been easier to submit your forms to the IRS.

Credit Karma

Credit Karma is known for offering free credit reports, but for the past few years they have allowed you to file your taxes for free as well. You can file both federal and state taxes for free, and everybody can use this service.

IRS Free File Program

The IRS has been providing a free filing program for a couple of years, and it’s still a great option. The program is offered through the Free File Alliance, which is a charitable organization that partners with dozens of other tax preparation providers. Eligibility is based on income, but over 100 million Americans qualify, so you might be one of them.

H&R Block’s More Zero

H&R Block is one of the most popular self tax filing service. Currently, their More Zero program makes filing a simple return easy and free. They offer state and federal filing and you can file forms 1040, 1040A, and 1040EZ as well as schedule A returns.

Turbo Tax Absolute Zero

Absolute Zero is a free program currently in its fifth year. Everyone is eligible for this self-filing service regardless of income. With Turbotax, you can file state and federal 1040, 1040A, and 1040Z forms.

Volunteer Income Tax Assistance program (VITA)

The IRS offers this program for people with disabilities or those with limited English skills. They also help file taxes for you if you make under $54,000 per year or are aged 60 or older. With VITA, you can file both federal and state taxes.

Overall, there are many tax file services that offer free tax filing. Submitting your taxes to the IRS has never been easier and there are many free options.