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Choosing between the countless free filing tools and paid tax-prep services can be a daunting task, but a new program launched in 2024 that aims to offer a free and simple tax-filing experience.
The complication of applying tax codes and the risk of being taken advantage of by paid tax preparation services is diminished with the presence of over 4,000 nation-wide VITA sites. One of the focal points of VITA is raising taxpayer awareness and receipt of the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC).
Several organizations offer free online tax preparation assistance to taxpayers under certain income limits. Also, fillable forms are available online on the IRS website, but the forms are ...
VITA offers free tax preparation for moderate- to low-income individuals who make $60,000 or less, disabled individuals, senior citizens, or those who have a language barrier. Last year, the AGI ...
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 $73,000 for Tax Year 2022.
Intuit offers free tax preparation software for individuals filing simple tax returns through TurboTax. A simple return is a basic 1040 form, which generally includes W-2 and unemployment income ...
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