How to File Your Taxes for FreeAdvertiser Disclosure by Lucy Lazarony
You don’t have to pay big bucks to file your taxes. Here are four ways to file your taxes for free.
Use Paper Forms From the IRS
Filing your taxes for free is as simple as visiting your local library and picking up tax forms and booklets. Gather up your year-end forms from your employer, your financial institutions, your healthcare plan and any other records you may need for deducting medical expenses or charitable donations. Grab a pen and a calculator and fill in the tax forms using the instructions in the tax booklet. This is a good strategy for people who prefer paper and don’t mind paying postage for mailing in their tax return before April 15.
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File Taxes for Free Via the IRS Website
You also can file your taxes for free online using a list on the IRS website of companies that use the Free File software. If your adjusted gross income is $60,000 or less you can use Free File software to e-file your tax returns. Anyone can use the online fillable forms, which are electronic versions of IRS paper documents.
Free Tax Help From VITA and TCE
The IRS Volunteer Income Tax Assistance (VITA) program offers free tax help to people who make $53,000 or less, persons with disabilities, the elderly and limited English-speaking taxpayers who need assistance in preparing their own tax returns. IRS-certified volunteers provide free basic income tax return preparation and use e-filing to assist qualified individuals in their communities. The Tax Counseling for the Elderly (TCE) program provides free tax assistance to all but gives special priority to those over 60.The IRS-certified volunteers at TCE programs specialize in questions about pensions and retirement issues.
You can find a VITA site near you between January and April using the VITA or TCE Locator Tool or by calling 1-800-906-9887. Use IRS publication 3676-B, available on the IRS.gov website, to prepare for your visit.
There are plenty of nonprofits and other organizations that offer free tax help for qualified individuals. If you know of an organization that does this, please share it in the comments below.
Also Read: How to Get Your Free Annual Credit Report
Updated on January 22, 2015