As a result of the Inflation Reduction Act, the IRS is now offering a Free File Service for Taxpayers who made $73,000 or less in 2022. The service is effective beginning on January 13th 2023; however, those returns won’t be processed until January 23rd, 2023 when the IRS first accepts any electronically filed tax returns.
IRS Free File lets you prepare and file your federal income tax online using guided tax preparation software. Currently there are (9) providers cooperating with the IRS on the Free File program. Many of them also offer free state tax filing.
What you will need:
- Income statements like W-2’s and 1099’s
- Adjustments to income
- Dependent and spouse information if applicable
- Prior year AGI or Prior Year Self Select PIN
This material is compiled from sources SST believes to be reliable. The possibility of error does exist. The material is intended only as educational and may omit information on exceptions, qualifications, definitions, and effective dates. The reader should not rely solely on this material but should review original sources to determine the law and applicability for each situation. Neither the author nor Solid State Tax Service, LLC will be responsible for any error, omission, or inaccuracy under any circumstance.