File Free with the IRS if your AGI is less than $62,000

Tax time doesn’t necessarily mean it’s time to pull out your wallet and hire a tax preparer.  If y1040our Adjusted Gross Income (AGI) is less than $62,000 and you are internet savvy enough to navigate within a government website, you can file your Federal income tax return yourself for free at USA.gov, IRS.gov or file them the old fashioned way by printing the forms and sending them through the mail using Free File Fillable Forms.

IRS Free File is an electronic filing (e-file) option you can use if your AGI is less than $62,000 – or find out where to mail a paper return.

For more information on filing your federal taxes, go to USA.gov.

Here are just a couple state internet links for free tax return services.  Google your state if I didn’t list it below to see what options are available in your area.

If you pay income taxes in Indiana click here for INFREEFILE to see if you qualify to file your state income tax return for free.

If you pay income taxes in Illinois click here for free tax assistance providers for elderly and low income families and click here for general Illinois information on filing your IL-1040.

Also, if you google free state tax return filing, there are several tax software companies that offer free state tax filing.

Please read the following article regarding a recent audit of free e-filing services…

Six of 13 IRS-approved free e-filing services Web sites failed in taking steps to help protect consumers from fraudulent and malicious e-mail, according to a recent audit.

Source: Half of Free E-File Services Don’t Protect Consumers Enough: Audit

About 60% of taxpayers use tax professionals to prepare their returns.  Choose your preparer wisely, while most tax professionals provide honest, high-quality service, there are some dishonest ones who perpetrate refund fraud, identity theft and other scams.

For more information on how to choose a tax preparer read the following article from the IRS from their annual dirty dozen list of tax scams to avoid regarding Return Preparer Fraud.

Within such article there is a link to the directory of federal tax return preparers with credentials and select qualifications.  This list will show if your preparer has a PTIN (anyone with a Tax Preparer Tax Identification number (PTIN) can prepare a tax return for a client) as well as other credentials demonstrating differing levels of skills, education and expertise such as; Attorney Credential, Certified Public Accountant Credential, Enrolled Agent Credential, Enrolled Actuary Credential, Enrolled Retirement Plan Agent Credential or Annual Filing Season Program Participant.


 

Recordkeeping tips –

  • Keep records to support all information provided on your tax return.
  • Ensure your SSN is correct on each tax form.
  • Double check that your records support the amount included on the return.
  • Keep a copy of your tax return.

 

 

Advertisements

About HDA Consulting, LLC

HDA Consulting LLC provides a variety of accounting services including; forensic & litigation consulting, fraud & embezzlement investigation, payroll & tax. http://hdaconsultingllc.net. Try TSheets https://www.tsheets.com/#a:hdaconsulting
This entry was posted in 2015 taxes, accounting software, Free Tax Return Filing, Indiana Tax, Individual Tax, Internet tax, IRS, State Tax, Tax, Tax, tax tips and tagged , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s