Welcome Guest. Register Now!  


For 2010 Tips for tax year 2010.


 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 01-14-2011, 06:52 PM
Samatg's Avatar
Administrator
 
Join Date: Jan 2007
Posts: 291
Post Free File Brand-Name Software and Online Forms Available Now

IRS Free File opens today, Jan. 14, to start its ninth year of helping make taxes a little less taxing.

Everyone can use Free File, the free way to prepare and e-file federal taxes either through brand-name software or online fillable forms. Individuals or families with 2010 adjusted gross incomes of $58,000 or less can use Free File software. Free File Fillable Forms, the electronic version of IRS paper forms, has no income restrictions.

“Free File saves you money and time preparing and e-filing your federal tax returns,” said Cecille M. Jones, acting director, Electronic Tax Administration and Refundable Credits. “Free File really does make taxes less taxing.”

Free File software is a product of a public-private partnership between the IRS and the Free File Alliance, LLC. The Alliance is a consortium of approximately 20 tax software providers who make versions of their products available exclusive at Free File: Do Your Federal Taxes for Free. All Free File members must meet certain security requirements and use the latest in encryption technology to protect taxpayers’ information.

Seventy percent of taxpayers are eligible for Free File software. It’s perfect for first-time filers, families looking to save money or older Americans adept at using the Internet.

People with an adjusted gross income of $58,000 or less are eligible for at least one software product if not more. Each of the Free File software providers sets their own eligibility requirements, usually based on qualifiers such as income, state residency, age or military status.

The easiest way to locate a software provider is to use the online tool that, with a little of a taxpayer’s personal information, can identify matching products. Or, taxpayers can review all providers and their offers. Some software providers also offer state income tax preparation for free or for a fee.

For taxpayers whose incomes are more than $58,000, there’s Free File Fillable Forms. This program is best for taxpayers experienced in preparing their own federal tax returns. For people who prefer doing their taxes the old fashioned way – by paper – this is an electronic alternative.

Free File Fillable Forms performs some math calculations and provides links to some IRS publications. It does not use the familiar question-and-answer format used by software. Taxpayers can e-file the forms for free. It also does not support state income tax returns.

Taxpayers must access the tax products through IRS.gov to avoid any charges for preparing or e-file a federal tax return. Free File partners also are prohibited from repeatedly trying to sell taxpayers other products.
Once taxpayers have selected a Free File software product, they will be directed away from IRS.gov to the partner’s site to prepare and e-file their returns. The IRS does not retain any personal information from the taxpayers.

This year, taxpayers also will see a redesigned Free File page to make it easier for them to navigate the Free File steps.

A microsite with additional Free File information and video also has been updated. The microsite, 2011 FreeFile - Prepare and File Your Taxes Online For Free also includes a ‘spread the word” page that encourages other organizations or businesses to help spread the word about Free File.

For example, other organizations or businesses can upload a tax-day countdown widget to their Web sites or make social media postings to help inform their employees, clients or customers about Free File’s availability.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Ways to Obtain IRS Free Tax Forms and Publications Samatg For 2010 0 01-06-2011 04:00 PM
Free File Now Available to Almost All Taxpayers; Software Can Help Find New Economic Recovery Tax Breaks that Could Be Overlooked Samatg For 2009 0 01-15-2010 11:55 PM
MD LLC bought/sold townhouse in DC - do I file MD tax forms, DC tax forms, or both? Susan Limited Liability Company 0 02-05-2009 10:54 PM
Take the Free Way - Your Link to Free Federal Online Filing Samatg For 2008 0 01-27-2009 10:46 PM
What is best Auto purchase or lease Option? Use our free software to assist you! TaxGuru Auto Expenses 0 03-27-2007 09:27 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.