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IRS Free File Launches Today; Offers More Free Federal and Free State Tax Software Options  
 
 
WASHINGTON  - The Internal Revenue Service and Free File Alliance today announced the launch of Free File with many changes and updates for 2016, including more free state tax return options and easier Form W-2 imports.

For 2016, there are 13 brand-name tax software providers making their federal tax return products available for free. Taxpayers whose adjusted gross income was $62,000 or less during 2015 are eligible for at least one, if not more, of the 13 tax software products. The income limitation is $2,000 higher than last year. People can use Free File software immediately but e-filed returns will not be transmitted to the IRS until Tuesday, Jan. 19, when the filing season officially begins.

For taxpayers who earned more than $62,000, there's Free File Fillable Forms, the electronic version of IRS paper forms.  Free File Fillable Forms will be available on Jan. 19.  "You don't have to be an expert on taxes. Free File software can help walk you through the steps and help you get it right," said John A. Koskinen, IRS Commissioner. "For 13 years, this partnership between the IRS and the Free File Alliance has helped taxpayers. The real winner in this partnership has been the nation's taxpayers."

Tim Hugo, executive director of the Free File Alliance, said, "We are proud to once again offer the industry's most innovative and secure tax software at no cost to 70 percent of American taxpayers. Tax time can be stressful, but Free File makes step-by-step help accessible to everyone making $62,000 or less. IRS.gov/FreeFile is the one place where taxpayers can choose from a variety of industry-leading tax software options in order to prepare and e-file their federal tax returns at absolutely no cost."

Free File is available only at IRS.gov/FreeFile. Since 2003, more than 46 million people have used Free File, saving nearly $1.4 billion based on a conservative $30-fee estimate.

The Free File Alliance and its members also are active participants in the Security Summit Initiative to provide additional identity theft safeguards for tax filing and for the Security Awareness campaign - Taxes. Security. Together. - that encourages taxpayers to take steps to better protect their data.

More Information
   
 
 Hamilton Insurance Agency
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P lease note that Hamilton Insurance does not provide legal advice, and this not constitute advice of any kind for any 
particular situation. Instead, this is intended as non-comprehensive general information serving as a starting point for further 
discussion. Please contact your tax and/or legal advisors for information about how these issues affect you.  


 


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