Income Tax Filing
2018 - 2019
If you haven't been filing your income tax return online,
then you might be missing out on a great opportunity to
file your return for free. Many online tax preparation services
offer free online income tax filing for simple returns.
Online is one of the companies offering this service along
with H&R Block At Home Online tax programs.
These tax filing services include free tax preparation
and printing of your tax return as well as free E-filing.
TurboTax Free Edition or
HR Block Free Edition a try today.
Who Can Qualify for Free
Online Income Tax Filing?
If you use basic
or 1040EZ tax forms and have a simple tax return you
will most likely qualify for free online income tax filing
on your federal income tax return preparation and efiling.
With free online income tax filing there
is no income limit restriction to use these programs, just
limitations in tax filing features. If you have special
or unique tax filing situations that may require further
tax assistance like home owner and investment deductions,
these free editions won't work for you.
you qualify to use the free online income tax filing editions
to file your return, then you can also take advantage of
other benefits that come along with filing online. These
free programs also include free E-file for electronically
filing your tax return with the IRS. With electronic filing
you can have your refund in your hand in a much shorter
time by choosing direct deposit into your bank account.
Receive step by step instructions for avoiding
costly errors on your return as well as accurate calculations.
IRS Free File Program
online income tax filing can save you a lot of money on
your federal tax return, though you will still have to pay
to file your state return.
If you are using one of the IRS free-file
programs to file directly through the IRS, then there are
some additional restrictions.
In order to file your return for free with
IRS free-file editions, your income cannot exceed the annual
income limit set each year.
They also do not offer any kind of online
tax preparation assistance should you have any questions
along the way.
that, one of the drawbacks to filing with one of the companies
listed on the IRS free file program is that most people
will also need to file a state return as well depending
on what state they live in.
When it's time to prepare your state tax return, you have
to deal with a lot of the same hitches that applied to filing
your federal tax return for free.
Depending on what software you choose, most
do not offer a free state edition.
Should state filing be offered for free,
sometimes with less popular brands you'll have to enter
in your information twice -- once on the federal return,
and once on the state return.
Having to enter the information into the
tax preparation process twice increases the chance of errors
on your federal and state tax returns.