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  2. Best tax software for 2025: 5 low-cost and premium ... - AOL

    www.aol.com/finance/best-tax-software-110528837.html

    Best for free tax filing: FreeTaxUSA. FreeTaxUSA. FreeTaxUSA. 💰 Costs • DIY federal tax return: $0 • Assisted federal tax return: $8 to $40. Pros. Free federal filing for all tax situations;

  3. Free federal tax prep? IRS finally has online forms - AOL

    www.aol.com/free-federal-tax-prep-irs-201200008.html

    Thanks to the Inflation Reduction Act of 2022 (IRA), the Internal Revenue Service (IRS) was able to begin a free online program for those who qualify.

  4. Are You Eligible for the New IRS Free Tax-Filing Program? - AOL

    www.aol.com/eligible-irs-free-tax-filing...

    The IRS Direct File program is run solely by the IRS in an attempt to increase access to free tax filing services. It’s currently being piloted for the 2024 tax season and is available only to ...

  5. Free File - Wikipedia

    en.wikipedia.org/wiki/Free_File

    The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.

  6. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    The IRS allows US residents for tax purposes to file electronically in three ways: [12] Those with incomes of $66,000 or less may file electronically using IRS Free File, a free e-filing tool (there are some other conditions necessary to be eligible for free filing; in particular, some kinds of income and deductions cannot be handled by free ...

  7. Free tax filing with IRS Direct File: What you need to know - AOL

    www.aol.com/finance/free-tax-filing-irs-direct...

    The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 25 states for the 2025 tax season, up from 12 states ...

  8. Alternative minimum tax - Wikipedia

    en.wikipedia.org/wiki/Alternative_minimum_tax

    The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [1] [2]

  9. The IRS's new, free 'Direct File' service for simple tax ...

    www.aol.com/news/irss-free-direct-file-simple...

    The IRS's new, free filing software for relatively simple tax returns is now available in 12 states. The Direct File service, which is being piloted for the first time for 2023 tax-year returns ...

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