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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 24 states for the 2025 tax season, up from 12 states ...
The Biden administration said that 140,000 taxpayers filed their taxes through the pilot program in the 2024 tax season, saving an estimated $5.6 million in filing costs. An Internal Revenue ...
With tax season officially starting on January 29, eligible taxpayers will be able to file their returns online directly with the IRS for free without using a private provider, if you live in a...
As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
As of 2017, the Tax Cuts and Jobs Act contributed to the over complication of tax filing. The statistics researched by the non-profit Prosperity Now proves VITA to be a relevant necessity in poverty reduction. Today, tax preparation remains a highly unregulated industry and around 60% of all taxpayers turn to a paid preparation service.
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related to: irs form 1040 online filing free for nonprofits state of oklahoma corporationtaxact.com has been visited by 10K+ users in the past month
TaxAct is a total steal - Nerdwallet