Monday January 17, 2022 – Tax Season officially opens January 24, 2022 – and the IRS has launched Free File Program on January 14th. The IRS Free file Program is a partnership between the IRS and tax preparation and filing software firms that provide their brand-name tax filing products for free.
The popular Turbo Tax will not participate in the IRS program this year. Turbo Tax does, however, have a free file option on its website.
“This decision will allow us to focus on further innovating in ways not allowable under the current Free File guidelines and to better serve the complete financial health of all Americans through all of our products and services, in tax preparation and beyond,” Intuit said.
The IRS Free File program is a Public-Private Partnership between the IRS and the Free File Alliance, a coalition of leading tax preparation software companies.
two ways for taxpayers to prepare and file their federal income tax online for free:
Guided Tax Preparation provides free online tax preparation and filing at an IRS partner site. Our partners deliver this service at no cost to qualifying taxpayers. Only taxpayers whose AGI is $73,000 or less qualify for a free Federal tax return using IRS Free File guided tax preparation.
Free File Fillable Forms are electronic federal tax forms, equivalent to a paper 1040 form, you fill out online for free. If you choose this option, you should know how to prepare your own tax return. It is the only IRS Free File option available for taxpayers whose income (AGI) is greater than $73,000.
Tax Attorney Steven A. Leahy reviews this FREE option.