The IRS Announces New Free File Guided Software for Taxpayers

Posted on January 25, 2024 at 3:46pm by

The Internal Revenue Service (IRS) recently announced that its Free File guided software service is ready for taxpayers to use ahead of this year’s tax season. This will allow millions of taxpayers to file using free technology.

Offered through a partnership between the IRS and Free File, Inc., IRS Free File is one of many options available for taxpayers for filing their returns online or in person. Eight partner organizations are available to help taxpayers with an adjusted gross income (AGI) in 2023 of $79,000 or less with their filing. Those with an AGI over $79,000 can use the IRS’s Free File Fillable Forms (FFFF), the electronic version of IRS paper forms, beginning January 29.

IRS Free File providers will accept completed tax returns and hold them until they can be submitted electronically on January 29, when filing season begins.

“The IRS continues its partnership with Free File Inc. to give taxpayers an opportunity to file their taxes electronically for free,” said IRS Commissioner Danny Werfel in a recent IRS newsletter. “Taxpayers will always have choices for how they file their taxes. They can file using tax software, a trusted tax professional, Free File or free tax preparation services through IRS partners.”

However, despite these free services for taxpayers, some individuals may have trouble paying their taxes in full when they file their returns, resulting in accumulated tax debt from previous years. Tax debt can be particularly stressful to those struggling to make ends meet, as the IRS may attempt to collect money owed.

Additionally, other filers might not receive the refund expected to help alleviate other debt-related issues.

If you face a difficult financial situation before or after filing this year’s tax return, contact the attorneys at Sader Law Firm, LLC today. Our attorneys can explain the options available and can see if bankruptcy is an option to help provide needed relief. Contact a member of our team at (816) 561-1818 for a free phone consultation and information on what will work best for you.