If you have access to a computer and the Internet, you
may be eligible to prepare and file your 2005 federal tax return
electronically for free. Free File is an easy way to file your
taxes and get your refund in half the time.
The IRS and the Free File Alliance, a private-sector
consortium of tax software companies, continue their partnership to
help taxpayers electronically prepare and file their federal tax
returns for free. Free File made its debut during the 2003 filing
season as a way to provide free services to moderate and low-income
taxpayers. For the 2006 filing season 93 million taxpayers will
be eligible for these free tax services.
Taxpayers access Free File through the IRS Web site at
IRS.gov. Each company sets its own criteria for free usage. The
criteria varies but often is based on income, state residency and
age.
Filing electronically is fast, accurate and
secure. Last year more than half of all taxpayers filed their tax
returns electronically including 5 million who used Free File through
the IRS website. The benefits of using Free File are identical to those
of e-filing, which include:
- Reduced tax return preparation time
- Faster refunds
- Accuracy of return
- Acknowledgement of return receipt
For more information on Free File, check out the IRS Web site at IRS.gov.