File Taxes for Free: Your Guide to Saving Money on Tax Filing
Tax season can be a stressful time, but it doesn’t have to break the bank. Fortunately, there are several legitimate ways to file taxes for free in 2025. With the tax deadline upon us, understanding your options for free filing and potential extensions is more important than ever.
Understanding Your Options to File Taxes for Free
The IRS offers various programs designed to help eligible taxpayers file taxes for free. These options can save you significant money compared to using paid tax preparation services. Here are some key ways to consider:
- IRS Free File: This is a partnership between the IRS and trusted tax software companies. It provides free online tax preparation and e-filing for taxpayers who meet certain criteria, typically based on adjusted gross income (AGI). Be sure to check the IRS website for the latest AGI thresholds for the 2025 tax year.
- IRS Free File Fillable Forms: For those comfortable preparing their own taxes, the IRS offers fillable electronic forms. This option is best suited for taxpayers with a good understanding of tax laws as it provides no guided assistance.
- Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE): These programs offer free tax help to qualifying individuals, including 1 those with low to moderate income, the elderly, and those with disabilities. IRS-certified volunteers provide in-person tax preparation at various locations nationwide.
The Tax Deadline and Filing an Extension
Today, April 15th, 2025, is the general deadline to file taxes for the 2024 tax year. If you find yourself unable to meet this deadline, it’s crucial to file for a tax extension.
News outlets have highlighted the importance of understanding the tax deadline and extension process:
- “When Is the 2025 Tax Deadline, How Can You Get an Extension?” This indicates that many taxpayers are seeking information on both the deadline and how to request more time.
- “When are taxes due? Here’s the last day to file, how to file an extension before Tuesday” (referring to today’s date) reinforces the urgency for those who haven’t yet filed.
You can typically request an extension to file taxes by submitting Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. This generally gives you an additional six months to file. Keep in mind that an extension to file is not an extension to pay. If you owe taxes, you should still estimate your liability and pay it by the original deadline to avoid potential penalties and interest.
State-Specific Tax Deadlines
It’s also important to be aware that some states have tax deadlines that differ from the federal deadline. News reports indicate that:
- “Taxpayers in these states have beyond April 15 to file their taxes, IRS says. Here’s where.” This highlights that certain states may have granted extensions or have later deadlines for filing state income taxes. Check your state’s revenue agency website for specific information regarding their tax deadlines.
Filing Taxes for Free: A Smart Financial Choice
Choosing to file taxes for free can save you money and still ensure your tax return is accurate. By exploring the options provided by the IRS and volunteer organizations, you can navigate tax season without incurring unnecessary expenses. Remember to gather all your necessary tax documents and determine which free filing method best suits your individual circumstances.
