The Internal Revenue Service (IRS) has announced the launch of its Free File program for the upcoming 2025 tax season, allowing eligible taxpayers to file their federal tax returns at no cost. This initiative aims to alleviate the burden of tax preparation fees for millions of Americans. The program, which is set to begin on January 20, 2025, will be available to taxpayers with an adjusted gross income (AGI) of $73,000 or less. The IRS stated that individuals who qualify can use free online tax software from private companies to file their old tax returns easily. IRS Commissioner Danny Werfel emphasized, “The Free File program is one of our greatest tools for helping taxpayers.” The IRS estimates that approximately 70% of the U.S. population can qualify for this free service, which includes features like automated calculations and e-filing to expedite refunds. The IRS also reminds taxpayers that they must file their federal tax returns by the April 15, 2025 deadline. Furthermore, they should be proactive in organizing their financial documents ahead of time to ensure a smooth filing process. As part of the IRS’s efforts to enhance taxpayer services, the agency is also focusing on improving its online tools and resources. The coordination with various tax software companies is part of a broader strategy to simplify the tax filing process every year. As part of this initiative, the IRS has encouraged filers to be aware of potential tax credits they might be eligible for, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC). With the free filing service, the IRS hopes to minimize the need for costly tax consultation services for low-to-moderate income taxpayers. In recent seasons, many individuals have cited the rising costs associated with tax preparation as a significant concern. The Free File program is seen as a direct response to these issues, providing accessible options for millions of taxpayers across the nation.
IRS Launches Free File Program for Tax Filers Ahead of 2025 Tax Season
