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  2. Spread payments over time to avoid higher taxes: Receiving a large taxable settlement can bump your income into higher tax brackets. By spreading your settlement payments over multiple years, you ...

  3. Taxes: How to file your taxes for free in 2023 - AOL

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    If cost is a concern when it comes to your taxes, there are several free federal tax-filing options to consider. ... for free online federal filing with IRS partners if your adjusted gross income ...

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

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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 25 states for the 2025 tax season, up from 12 states ...

  5. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    Specifically, the bill “directs the Internal Revenue Service (IRS) to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of under-served populations.”

  6. You Could Owe the IRS Taxes If Your Forgiven Debt Settlement ...

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  7. Cancellation-of-debt income - Wikipedia

    en.wikipedia.org/wiki/Cancellation-of-debt_income

    There is no exemption from the filing requirement if canceled debt in excess of $600.00 is recognized. One exception to the requirement to file 1099-C is when a student loan has been discharged due to the death or permanent disability of the borrower under provisions of the Tax Cuts and Jobs Act of 2017.

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