How To File Your Taxes For Free

How To File Your Taxes For Free

Annually American taxpayers spend $31.7 billion to fulfill the tax-filing requirements. As the tax codes get more complex, 90% of taxpayers have to hire a tax accountant or buy tax software. Tax preparation can be expensive, but there are some ways to really file your taxes for free. For instance, IRS Volunteer Income Tax Assistance program offers free tax preparation to people who earn less than $54,000, persons with disabilities and limited English speaking taxpayers. Also, if you earn less than $62,000 you can file tax online for free with 13 tax software companies through a non-profit organization. If you file your tax with the basic deductions and credits using Forms 1040EZ and 1040A, you can use TurboTax for free as well. (forbes.com)

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