The Internal Revenue Service vastly overstated the projected costs of operating the Direct File free tax preparation program before terminating it for this tax season, according to a new report.

A venerable IRS program called Free File allows 70% of taxpayers to file their taxes for free, just as the name implies. Only 2% of taxpayers used the service in 2024. That is the finding of a ...

The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free tools for certain filers. By Ann Carrns The federal government tested a free, ...

Only 2% of federal income tax returns were filed through Free File, despite 70% of filers qualifying. Many, or all, of the products featured on this page are from our advertising partners who ...

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet. Credit...Joanne Joo Supported by By Tara Siegel ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Anchiy / Getty Images The IRS ...

The Trump administration has shut down the IRS "Direct File" program, which was a free tax filing option. Critics of Direct File cited high development costs and low user participation for its closure ...

The IRS has removed its free Direct File option for taxes. Most taxpayers can use the official Free File program. There are several other ways to file taxes for no charge. Tax filing season officially ...

Free File is not Direct File, which the IRS has discontinued for the 2026 tax season. This tax season, according to the IRS, eight private-sector partners are offering guided tax software products ...

(NEXSTAR) – While many people will have to wait until Jan. 26 to file their taxes, taxpayers who qualify for the IRS Free File program can already submit their federal returns, the agency said in a ...

Millions of Americans can prepare and file their federal income tax returns this month through IRS Free File, the Internal Revenue Service announced Friday. IRS Free File is a program that allows U.S.

Tax season is officially underway, and the Internal Revenue Service has begun accepting individual federal tax returns for 2026 through its free guided software program, IRS Free File. The IRS opened ...