IRS free tax filing program launches in 12 pilot states. Here's what to know [View all]

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Source: CNBC

PERSONAL FINANCE

IRS free tax filing program launches in 12 pilot states. Here’s what to know

PUBLISHED TUE, MAR 12 2024 5:00 AM EDT
Kate Dore, CFP®

KEY POINTS
* IRS Direct File is now fully open in 12 pilot states for “simple tax situations,” according to the U.S. Department of the Treasury.
* The Treasury estimates the Direct File pilot could cover about one-third of federal tax returns or 19 million taxpayers, and hopes 100,000 filers will participate this season.

After weeks of testing with roughly 1,500 returns, Direct File, a free tax filing program from the IRS, is now fully open in 12 pilot states, according to the U.S. Department of the Treasury.

While the pilot focuses on “simple tax situations,” the Treasury estimates the pilot could cover about one-third of tax situations for 19 million taxpayers. The Spanish language version opens later on Tuesday at 1 p.m. ET.

“Dozens of countries have provided free tax options to their citizens for years,” Deputy Secretary of the Treasury Wally Adeyemo said during a press call on Monday. “American taxpayers who want to file their taxes for free directly with the IRS should have that option.”

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Read more: https://www.cnbc.com/2024/03/12/irs-free-direct-file-program-launches-in-12-pilot-states.html