Apr
10

File Your Federal Taxes For Free

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File your taxes for free

 

April 15th is right around the corner! Have you filed your tax return yet? The Federal FAFSA (Free Application for Federal Student Aid) deadline is June 30th, and many states have deadlines coming up. Colleges can have their own FAFSA deadline, too. If you or a family member need financial aid to attend college, you should get the information in before the deadline in order to qualify for maximum awards.

If you have a college student that worked a job in 2012 and needs to file to report that income and get a tax refund, there are free choices on-line that will keep that refund money in the student’s pocket rather than the preparers.

NOTE: even if your student does not have any taxable income to report, a tax return should still be filed claiming $0 income. When you do this you document that no income was received by the student, and this shows need. Showing need means more financial aid! If at all possible, file a 1040EZ or a 1040A for the student in lieu of a “long form” 1040 – this works in their favor and will allow you to skip about half of the FAFSA questions, too.

 

File Your Taxes For Free

There are many tax-prep companies offering free federal income tax filing this year. Some of these may also file your state return for free – and some will charge a fee. If you find that you are going to be charged a fee to file your state return, go to your state website and check for free filing. Many states offer free on-line filing of state income tax returns, and they’ll have on-line, fillable forms that will do the math for you at the click of a button.

IRS First.  Always.

ALWAYS start your search for free income tax filing on the IRS website! The companies listed there have agreed to offer free filing for being listed on the IRS site. It’s possible, if you access the same company from a source other than the IRS website, you will be charged a filing fee or charged for other products and/or services.

The list of “Free File Companies” can be found at the link below. This is the official IRS website. Be sure and read the eligibility criteria for each company carefully before selecting one – your Adjusted Gross Income (AGI), age, state of residence, whether you are in the military, or whether you qualify for EIC (Earned Income Credit) may affect what company you are able to use. If your AGI falls under $57,000, you should be able to file your federal tax return free of charge.

CHOOSE A FREE FILE COMPANY HERE

Form 1040.  File Your Taxes Free!

Are You Familiar With Tax Prep?  Try Free Fillable Forms

If you are comfortable filling in your tax return information without any interview questions, if you recognize the fields on a tax return and can easily determine what is “wages” vs “what is what” when it comes to the financial information you are reporting, you may want to use

FREE FILLABLE FORMS

  • Free Fillable Forms are on-line, electronic versions of paper IRS tax forms.
  • You can choose a 1040, 1040A, or 1040EZ.
  • The online form program will do the math for you.
  • You must have last years tax return available and the exact amount of AGI (Adjusted Gross Income) in order to file.
  • You can print your return.
  • Can file an extension.
  • Not for use by paid preparers!
  • You cannot file any state returns using Free Fillable Forms.

 

 Save Time by Prepping

In order to be successful and spend as little time as possible filing your tax returns, gather all of the current filing year supporting paperwork you will need. Have a copy of last year’s tax return handy – you won’t be able to file anything electronically without last years AGI or an IRS PIN number.

Direct Deposit is Quick

Use Direct Deposit and get your refund in about 10 working days. When you file electronically and use Direct Deposit, you can check your refund status within 72 hours of filing.

TRACK REFUND STATUS HERE

 

I Owe, I Owe, It’s Off To Pay the Tax Man I Go

Do you owe money to the IRS?

You may find out after filling out all that tax info that you owe a balance due. It’s OK – file electronically anyway, and file before April 15th so you don’t incur a penalty. There are many ways to pay the IRS – they, like every other business out there, will take your credit or debit card:  http://www.irs.gov/uac/Electronic-Payment-Options-Home-Page

 

Click here for more information on how to file your Federal taxes free of charge!

 

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Categories : Form 1040, Free Stuff, IRS, Taxes

Comments

  1. Ray says:

    Hi. You can find a blank fillable 2012 form 1040 here.
    http://goo.gl/oBMt6i

    You can fill out the form, save it, fax it, and email it. Please feel free to use it.

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