428
submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

The Internal Revenue Service is moving ahead with a plan to build its own free tax filing program, known as Direct File, announcing Tuesday that a pilot version will be available to some taxpayers in 13 states next year.

Armed with an influx of new money approved by Democrats last year, the IRS is conducting a major overhaul of its operations – despite continued threats from Republicans to cut future funding and even abolish the agency altogether.

Eventually, the IRS tax filing system could serve as an alternative to private tax preparation companies like H&R Block and Intuit’s TurboTax.

you are viewing a single comment's thread
view the rest of the comments
[-] IamSparticles@lemmy.zip 20 points 1 year ago

Technically, you don't have to. You can always file for free by filling out and mailing in the paper forms. It's just a major PITA and the money you save is rarely worth the amount of time and effort it takes.

[-] Habahnow@sh.itjust.works 9 points 1 year ago

Incorrect, if you make less than 73k a year (single) you can use many professional tax preparation software for free. https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free I make more and was still able to do it for free using FreeTaxUSA for my federal income taxes. some states offer free state taxes (a bit more tedious than doing it on one system since you have to reenter information)

[-] Cryophilia@lemmy.world 4 points 1 year ago

I do it because it's fucking ridiculous and I refuse to spend a penny on tax prep services.

[-] GlendatheGayWitch@lib.lgbt 1 points 1 year ago

Why not use free software like TaxHawk? It's been around for a while. At least since HR Block and TurboTax started charging people a few years ago.

[-] IamSparticles@lemmy.zip 1 points 1 year ago

Up until last year, our bank gave us a significant discount on TurboTax, so it wasn't worth shopping around. Then TurboTax raised their prices. As for TaxHawk, I wasn't aware they existed, but I'll maybe take a look this coming tax season.

this post was submitted on 18 Oct 2023
428 points (98.9% liked)

News

23275 readers
3482 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS