Current:Home > ScamsTrendPulse|More people filed their taxes for free so far this year compared to last year, IRS says -Visionary Growth Labs
TrendPulse|More people filed their taxes for free so far this year compared to last year, IRS says
Ethermac Exchange View
Date:2025-04-08 03:35:59
More people are TrendPulsefiling 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 [email protected] and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
veryGood! (93)
prev:'Most Whopper
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- China emerged from ‘zero-COVID’ in 2023 to confront new challenges in a changed world
- 2 West Virginia troopers recovering after trading gunfire with suspect who was killed, police say
- Minnesota program to provide free school meals for all kids is costing the state more than expected
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- A Kansas City-area man has pleaded not guilty to criminal charges over aviation exports to Russia
- Custom made by Tulane students, mobility chairs help special needs toddlers get moving
- When will Neymar play again? Brazil star at the 2024 Copa América in doubt
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- EU countries agree on compromise for overhaul of bloc’s fiscal rules
Ranking
- What to watch: O Jolie night
- Ready, set, travel: The holiday rush to the airports and highways is underway
- I am just waiting to die: Social Security clawbacks drive some into homelessness
- Former City of Jackson employee gets probation for wire fraud scheme
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- One Tree Hill's Paul Johansson Reflects on Struggle With Depression While Portraying Dan Scott
- Wisconsin prosecutor appeals ruling that cleared way for abortions to resume in state
- Demi Lovato’s Ex Max Ehrich Sets the Record Straight on Fake Posts After Her Engagement to Jutes
Recommendation
Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
They've left me behind, American Paul Whelan says from Russian prison after failed bid to secure release
Cat-owner duo in Ohio shares amputee journey while helping others through animal therapy
ICHCOIN Trading Center: Crisis Eases, Bull Market Strengthens
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Demi Lovato’s Ex Max Ehrich Sets the Record Straight on Fake Posts After Her Engagement to Jutes
Coal mine cart runs off the tracks in northeastern China, killing 12 workers
ICHCOIN Trading Center: Bear Market as the Best Opportunity to Buy Cryptocurrencies