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IRS Free File is open for tax season 2022 – here are three things to know

The tax season of 2022 is almost here.

However, there is no need to stress as there is a tool that can make applying this year quick and simple.

The Sun explains what you need to know about the IRS Free File program

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The Sun explains what you need to know about the IRS Free File program

The IRS Free File Program is a partnership between the IRS and tax preparation and tax software companies to provide their own branded tax return products for free.

Below, we explain what you need to know about the IRS Free File, which opened January 14.

1. Who is Eligible for IRS Free Files

Each IRS tax preparation provider sets its own eligibility rules. These rules are usually based on age, income, and state residency.

However, some providers also offer free state income tax returns.

However, if you make more than $73,000 a year, you can choose to use IRS Free File. This tool is available regardless of income.

However, keep in mind that this tool should only be used by people who are comfortable preparing their own taxes.

2. How does it work?

To use this archiver, the first thing you need to do is access IRS.gov/freefile.

Then click on the “choose an IRS Free File offer” tool to find the right product.

Then simply select the product that suits your needs and follow the link to the supplier’s website to start filing.

Unofficial application season starting until January 24, but the IRS Free Files providers will accept completed tax returns and keep them until they can be filed electronically on that date.

It is important to ensure that your personal tax return is filed by April 18, 2022.

Tax returns are usually due on April 15, 2022; however, April 15 is also Liberation Day.

Liberation Day widely held in Washington DC, causing many businesses and government offices to close.

Therefore, the due date for filing individual tax returns and paying taxes is Monday, April 18, 2022.

If you are a taxpayer looking to claim child tax credit (CTC), 2021 Refund Credit, and Earned Income Tax Credit (EITC), the IRS encourages you to file using the IRS Free File.

3. Providers participating in the IRS Free Files service

For 2022, the following providers are participating in IRS Free File:

  • 1040Now.NET
  • ezTaxReturn.com (available in Spanish)
  • FreeTaxReturn.com INC
  • FileYourTaxes.com
  • Taxes Online at OLT.com
  • TaxAct
  • FreeTaxUSA
  • TaxSlayer (coming soon in Spanish)

The Sun also explained when tax refund is given in 2022 and Five ways to boost your tax refund.

Plus, we show you Great methods that can help you get rid of debt.

How to make the child tax credit available to parents in 2022

https://www.the-sun.com/money/4481405/irs-free-file-2022-tax-season/ IRS Free File is open for tax season 2022 – here are three things to know

DevanCole

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