Don't miss

Tracy’s Tax Tips: Free File

Tax Tips - Free File

Tax Tips - Free File

If you fall into a certain income bracket, you may be able to file your taxes for free.

Tracy Byrnes from the FOX Business Network tells us how:

Audio clip:

If your 2012 Adjusted Gross income is $57,000 or less, you may be able to file your tax return electronically for free!!

I’m Tracy Byrnes with the FOX Business Network, here with Tracy’s Tax Tips.

Check out Free File at IRS.gov. It’s a free, federal income tax preparation and electronic filing program for eligible taxpayers.  And since approximately 70% of all taxpayers have an AGI of $57,000 or less, it’s totally worth checking out.

Now, this year, 15 companies including TurboTax, H&R Block, and TaxACT are participating. Now each participating company sets its own eligibility requirements that may include your age, state, eligibility for the Earned Income Tax Credit, and military status.

And, not all taxpayers will qualify for all 15 companies. But you can just click on the “Help Me Find a Free File Company” tool to find a program that meets your needs.

Some participating Free File companies even offer free state tax return preparation and e-file.

I’m Tracy Byrnes, FOX News Radio.

Click HERE for more of Tracy’s Tax Tips

2 Comments

  1. James

    February 21, 2013 at 8:27 am

    I've been a TurboTax customer for may years. I make way more than $57,000 and I've never had to pay for my taxes I just keep clicking no thanks on all the buttons and I do my state by paper it's always free

  2. Peggy

    March 4, 2013 at 5:00 pm

    WARNING! Three years ago we used the free filing option on the IRS.gov website. Not all the forms we completed were accepted by the program (which is not what the onscreen prompt said at the time) and the IRS notified themselves as the preparer when the error was discovered. It took three years for the IRS to get around to telling US. Now we owe them money, plus penalties for THEIR error.