The latest IRS news release encourages taxpayers to take advantage of Free File and claim overlooked tax credits and refunds.
IRS News Release: Free File with IRS
The IRS News Release reminded low- to moderate-income taxpayers to consider IRS Free File. The news was released on April 13. This is to prepare for their own federal tax return to potentially receive overlooked tax credits or tax refunds.
In the IRS news release, qualified individuals can file electronically and get a refund by direct deposit through the IRS Free File. This is a public-private collaboration between the IRS and some tax preparation software companies, Bloomberg reported.
The IRS Free File offers taxpayers two ways to prepare and file their federal income tax online for free. This includes the Guided Tax Preparation and the Free File Fillable Forms.
Taxpayers whose Adjusted Gross Income (AGI) is $73,000 should use the Guided Tax Preparation while taxpayers whose AGI is greater than $73,000 should use the Free File Fillable Forms.
The IRS encourages the following to consider taking advantage of the IRS Free File:
- low- to moderate-income workers
- working families who don’t usually file a tax return
- people who are experiencing homelessness
- students who just entered the workforce or who may have only worked part-time
- parents of qualifying children who are born or welcomed through foster care or adoption in 2022
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IRS News Release: Access IRS Free File for Free
The IRS news release informs taxpayers that the only guaranteed place to find IRS Free File software is IRS.gov. Anyone can use the IRS Free File by using a computer or similar device.
The IRS Free File products also support mobile phone access and anyone can access it anywhere.
The IRS news releases say those not comfortable accomplishing their own tax return, IRS-trained community volunteers offer free tax help through the Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs to qualified individuals at thousands of locations nationwide.
The IRS website has a special tool for finding the nearest site or taxpayers can call 800-906-9887.
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