If you are like millions of Americans who are waiting until the last minute to file your Federal income tax returns, there is still hope even with the tax filing deadline fast approaching. One of the easiest and fastest ways to file taxes is to efile using any number of free online tax filing services.
There are a number of options when it comes to filing taxes online ahead of the April 15th deadline. Many are name have likely heard of including turbotax and H&R Block online. Clearly these two are the leaders in this industry, but there are many others as well.
At their web site, the IRS has a list of tax preparation service partners listed as part of their freefile online tax service. This free tax filing option is available for individuals with adjusted gross incomes below $57,000.
While the IRS free tax filing option is based on income, the others mentioned earlier are usually based on the type of tax return to be filed. In most cases, you can file your tax return online for free if it is consistent with the IRS 1040EZ form in which you take the standard deduction rather than itemizing your deductions. More complex tax returns require a fee, but in most cases it is between $30-$50.
Based on your tax situation, there are likely a number of ways to file online for free, or for very little. Either way, the online tax filing services make the process of filing very easy with a step-by-step process to eliminate any confusion and help you get the most from your tax return. They can even help you file for a tax extension if you need more time.
