How to file your tax return for free online this year


free tax filing online

Tax Day 2019 is Monday, April 15.
The IRS has opened up its free tax filing portal, which lists companies where taxpayers who earned less than $66,000 in 2018 can file their federal return for free.
The IRS will begin accepting tax returns on January 28 and provide refunds to taxpayers, despite the partial government shutdown.
You can file your taxes once you receive your W-2 form from your employer, which must be filed and postmarked on or before January 31.

Despite one of the longest-running government shutdowns in history, the 2019 tax season will proceed as normal.

On Friday, the IRS released an updated version of its IRS Free File Lookup tool to help taxpayers navigate free tax filing options. The IRS will begin accepting tax returns on Monday, January 28.

If your income was less than $66,000 in 2018, you can file your federal tax return for free; the IRS lists 12 different tax preparers, including H&R Block and TurboTax. Some companies also offer free tax filing for state returns, while others charge a fee.

Read more: The IRS will accept tax returns even if the partial government shutdown continues, and you can file as early as January 28

You can still file for free if you make more than $66,000, but to do so you’ll need to use the Free File Fillable Forms, which will be available online January 28. The IRS recommends using those forms only if you have experience preparing tax returns on your own.

Most tax-related documents must be submitted by your employer or other institution by January 31, and the statements must be postmarked by that date as well. That means you should have everything you need by early February.

Once you’re ready to …read more

Source:: Business Insider

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