Current:Home > InvestMore people filed their taxes for free so far this year compared to last year, IRS says -TradeWisdom
More people filed their taxes for free so far this year compared to last year, IRS says
View
Date:2025-04-13 19:05:03
More people are filing their taxes using Free File this year, the IRS said.
Use of IRS Free File is up 9.7% from a year earlier to 943,000 through Feb. 24, the IRS said. Free File allows any taxpayer with an adjusted gross income (AGI) of $79,000 or less in 2023 to file taxes for free through one of eight IRS partners. To access the service, go online at IRS Free File and use guided software.
If you're eligible, a free filing can save you a pretty penny. An individual taxpayer is estimated to spend 13 hours and $240 out-of-pocket costs just to prepare and file one annual tax return, according to the Taxpayer Advocate's 2022 annual report to Congress. Taxpayer Advocate is an independent organization within the IRS that helps protect taxpayers' rights.
Who are IRS partners for Free File?
For 2024, trusted partners participating in IRS Free File are:
- 1040Now
- Drake (1040.com)
- ezTaxReturn.com
- FileYourTaxes.com
- On-Line Taxes
- TaxAct
- TaxHawk (FreeTaxUSA)
- TaxSlayer
Are there other ways to file my taxes free?
Yes, the IRS's Volunteer Income Tax Assistance (VITA) and Tax Counseling for the Elderly (TCE) programs offer free basic tax return preparation to qualified individuals.
VITA sites offer free tax help to:
- People who generally make $64,000 or less
- Persons with disabilities; and
- Limited English-speaking taxpayers
TCE offers free tax help, particularly for those who are at least 60 years old. The organization specializes in questions about pensions and retirement-related issues unique to seniors.
To find a location near you and see what you need to bring, check the IRS site.
Other organizations offering free tax help include AARP, which is geared toward older adults, and the U.S. Defense Department's MilTax targets military families. Here's USA Today's list of other resources.
How much is the average tax refund this year?
The average refund so far is $3,213 this year, up 4.3% from this time last year, IRS data show. That's based on 28.945 million refunds issued, down from 35.142 million a year earlier.
Where to locate your money:Where's my refund? How to track your tax refund through the IRS system
How many people have filed their tax returns so far?
The total returns the IRS has received through February 24 is 44.584 million, down 3% from a year ago.
Of those, 43.661 million, down 2.9%, were filed electronically, IRS data show.
Medora Lee is a money, markets, and personal finance reporter at USA TODAY. You can reach her at mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
veryGood! (6)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Pakistan’s top court orders Imran Khan released on bail in a corruption case. He won’t be freed yet
- One person was injured in shooting at a Virginia hospital. A suspect is in custody
- How a 19th century royal wedding helped cement the Christmas tree as holiday tradition
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Police video shows police knew Maine shooter was a threat. They also felt confronting him was unsafe
- Sister Wives' Meri, Janelle and Christine Brown Reflect on Relationship With Kody Brown
- Connecticut police dog killed in shooting after state troopers tried to serve an arrest warrant
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- North Carolina legislative aide, nonprofit founder receives pardon of forgiveness from governor
Ranking
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Hydrogen tax credit plan unveiled as Biden administration tries to jump start industry
- Gymnastics star Simone Biles named AP Female Athlete of the Year a third time after dazzling return
- Lone gunman in Czech mass shooting had no record and slipped through cracks despite owning 8 guns
- Global Warming Set the Stage for Los Angeles Fires
- Why does flying suck so much?
- 'That's good': Virginia man's nonchalant response about winning $1,000 a week for rest of life
- Kim Kardashian Reveals Why She Used SKIMS Fabric to Wrap Her Christmas Presents
Recommendation
The company planning a successor to Concorde makes its first supersonic test
US land managers plan to round up thousands of wild horses across Nevada
Vanderpump Rules Star Lala Kent’s Holiday Gift Ideas Include Outfits You’ll Wear on Repeat in 2024
13 people hospitalized after possible chemical leak at YMCA pool in San Diego: Reports
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Column: Florida State always seemed out of place in the ACC. Now the Seminoles want out
'Rebel Moon' star Charlie Hunnam discusses that twist ending. What happened? Spoilers!
The Excerpt podcast: The life and legacy of activist Ady Barkan