New IRS Free Tax Filing Tool Launches in 12 States
by thebestworldevents.com 13 March 2024 · Credit Card
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IRS Offers Free Tax Filing in 12 States
Good news for taxpayers in 12 selected states – a new electronic filing system, Direct File, has been introduced to streamline the process of submitting returns directly to the IRS.
This new tool is designed to offer a hassle-free and cost-free option for individuals with uncomplicated W-2s and those claiming a standard deduction. Direct File can only be used to file federal income taxes, taxpayers from states that require filing state taxes will need to do so separately. The program will also offer a Spanish version, which will be available starting at 1 p.m. Eastern Time on Tuesday.
The Treasury Department estimates that one-third of all federal income tax returns filed could be prepared using Direct File and that 19 million taxpayers may be eligible to use the tool this tax season.
How it Works
Direct File walks you through the processes of preparing your return. You’ll follow a step-by-step checklist that guides you through filing and helps you easily track your progress. When you finish, Direct File shows you a clear summary of your 2023 federal taxes based on the information you entered.
You’ll need to verify your identity and securely sign in to file your return with the Direct File pilot.
The IRS lets you access most tax tools with one account using the same login and password. For example, if you already have an IRS online account, you can use it for the pilot. If not, you will be directed to create an account to verify your identity. Once your identity is verified, you can start preparing your return with Direct File.
If you need help, you can chat live with one of our customer service representatives Monday through Friday, 7 a.m. to 10 p.m. ET.
Participating States
You may be eligible to use Direct File if you lived in one of these pilot states in 2023:
- Arizona
- California
- Florida
- Massachusetts
- Nevada
- New Hampshire
- New York
- South Dakota
- Tennessee
- Texas
- Washington state
- Wyoming
You can’t use Direct File pilot if you did not live in one of the 12 participating states in 2023.
Who Is Eligible?
You may be eligible to join the pilot of this new IRS free tax filing tool if you live in a pilot state and report these items on your 2023 federal tax return:
Income
You can’t use Direct File if you have other types of income, such as gig economy or business income.
Credits
You can’t use Direct File if you claim other credits like the Child and Dependent Care Credit,
Saver’s Credit or the Premium Tax Credit.
Deductions
You can’t use Direct File if you itemize deductions.
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