The IRS recommends checking if you must file or not. Some people may not have the obligation to file their 2023 tax refund. However, they may qualify for some money back.
Therefore, it is advisable they also file for a tax refund. Then, you must first check if you are eligible for a refundable tax credit. If you work, you must also check if your employer withheld too much.
If you paid more taxes than you owed, you may qualify for a tax refund. Do not forget that the IRS warns taxpayers they must pay what they owe even if they ask for a filing extension. Delaying the payment of your taxes could mean getting a penalty.
USE IRS FREE FILE TO DO YOUR TAXES
If you qualify, you can use Free File you do your taxes. The best thing about it is the fact that it is free. It may not be a good idea if you do not want to file your tax return online.
Free File is a way to use guided tax preparation software. Some people may believe that it is not safe. However, the IRS claims that is both safe and easy. Well, if it has no extra cost, you’d better give it a go.
Even if you are not eligible for Free File, it is possible for you to use its Fillable Forms. The IRS also claims that individual tax filers can also use Free File to get a tax-filing extension.
If you are still not sure whether to use Free File or not, read the main features it has below. The IRS says this software will do the work for you. Make sure your Adjusted Gross Income (AGI) is at or less than $79,000.
FREE FILE CAN DO THE WORK FOR YOU BEFORE THE APRIL 15 DEADLINE
If you have never filed, you may have lots of questions. Free file can:
- Answer some questions you may have.
- Select the IRS-trusted partner you like best.
- Math calculations are accurate
- It is free to file and prepare it
- Doing it in Spanish is also possible
