Is it already tax time again? Well luckily, the Internal Revenue Service will accept free filed tax returns from eligible taxpayers through e-file starting Friday.To file, or find out if you are eligible to file at this time, visit www.irs.gov. “The free file program is a program that allows federal tax payers to file for free,” IRS media relations’ representative Raphael Tulino said. “It’s a partnership between the IRS and private software companies to provide free tax return preparation electronically via this program by using their software.”
To the free file, a taxpayer’s income must be less than $58,000. Some taxpayers must wait until mid- to late-February to file because software updates are still being made following tax credit changes.
– Taxpayers claiming itemized deductions on Schedule A.
– Taxpayers claiming the higher education tuition and fees deduction.
– Taxpayers claiming the educator expense deduction.