Filing taxes doesn’t have to be complicated or expensive. In 2024, there are several free options available to help you file your tax return without breaking the bank. The IRS, along with trusted partners, is making it easier for individuals to complete their taxes online at no cost.
1. IRS Free File for Low-Income Taxpayers
If your adjusted gross income (AGI) is $84,000 or less, you can use IRS Free File. This program partners with tax software providers to give you access to free federal tax filing. The process is simple, guiding you through questions to ensure you get the right deductions. Some taxpayers may also qualify for free state tax filing.
To get started, visit the IRS website to check eligibility and access free filing options.
Read More | Why Building an Emergency Fund is Key to Your Financial Success in 2025?
2. Free or Trial Versions of Tax Software
If your AGI exceeds $84,000, or you have more complex tax situations, popular tax software like H&R Block, TurboTax, and TaxAct offer free versions. These versions are best for basic tax returns, and some may include free state filings. However, there are certain income limits and restrictions based on your tax situation.
These free versions often include support for credits like the Earned Income Tax Credit (EITC) and Child Tax Credit. If you have more complicated taxes, you may need to opt for a paid version.
3. VITA: Free Tax Help for Low-Income Filers
The Volunteer Income Tax Assistance (VITA) program provides free tax filing for individuals with an income of $67,000 or less. IRS-certified volunteers assist at locations like libraries and schools, making this a great option for those in need of in-person help.
Use the IRS VITA locator to find a nearby site.
Read More | 2025 Wall Street Forecast: What to Expect for the US Economy
4. Tax Counseling for the Elderly (TCE)
The TCE program is designed for taxpayers aged 60 and older. This service offers free assistance with tax returns, especially those related to retirement, pensions, and other senior-specific tax concerns. Many TCE sites are supported by the AARP Foundation Tax-Aide program, helping older adults file with ease.
5. MilTax for Military Families
Military members, their families, and some veterans can use MilTax, a free tax filing service provided by the Department of Defense. This software is tailored for military-specific situations, including combat pay, deployment, and multi-state filings. There are no income limits for eligibility.
For more information, visit the Military OneSource website.
Read More | Key Highlights of the Final Jobs Report for 2024
6. Direct File for Faster Filing
In 2024, Direct File allows eligible taxpayers in 25 states to file directly with the IRS, bypassing third-party software. This program is best for individuals with simple returns. However, it does not support self-employment income or other more complex filings.
Check if your state qualifies by visiting the IRS Direct File page.
7. Other Free Filing Resources
In the past, the IRS offered fillable forms online for free, but they are no longer available for this tax season. Instead, there are many third-party services offering free trials or discounted services to meet your needs. Research these options before committing to ensure you find the best fit for your situation.
Key Changes to Expect for 2024 Filing
For 2024, the IRS has made some adjustments. These include higher standard deductions, more generous Earned Income Tax Credit limits, and increased HSA and MSA contribution limits. These changes might affect your filing, so be sure to review the latest guidelines.
Read More | Learn How to Minimize Credit Card Debt: Practical Strategies for Financial Freedom
Frequently Asked Questions
- How do I calculate my AGI?
Simply total your income and subtract any eligible deductions, credits, or adjustments. - Do I still need to file if I pay estimated taxes?
Yes, self-employed individuals who pay quarterly estimated taxes still need to file a full return with the IRS. - Does my state offer free e-filing?
Some states offer free tax assistance, so check your state’s Department of Revenue website for more details.For more details about federal and state tax filing, visit the IRS official website or your state’s Department of Revenue.
Wrapping Up
With several free filing options available, 2024 is a great year to take control of your taxes. Whether you choose to file directly with the IRS or use tax software, there’s no need to spend a lot of money on your return. Be sure to explore all the available resources and start your filing process early to avoid any last-minute stress.