On the IRS website, they recommend e-filing as the fastest, most accurate way to file your federal tax return. Easier and more convenient than before, most individuals are eligible to file online. It's up to you whether you purchase tax software that makes online filing easier or prepare and file your own return. Make it extra easy when you choose to file your federal taxes for free with E-File.com.
For most families, there are extra ways to increase their returns beyond the standard deductions. If parents are helping pay back their children's student loans, the IRS considers it a gift. If they're no longer claimed as a dependent, that child can deduct up to $2,500 of their student loan interest. Although there's no deduction for expenses incurred while attempting to enter the job market for the first time, young people can claim moving expenses if their first job requires them to move more than 50 miles from home. Parents paying for childcare can get up to $1,000 in credits, while those refinancing their mortgages can deduct points over the life of their new loan.
Most interestingly, the Earned Income Tax Credit is becoming more useful for families and individuals previously classified as "middle class." Designed to supplement wages for low-to-moderate income workers, it's also applicable to those who lost a job, took a pay cut, or were forced to work fewer hours last year. Even if you didn't apply for a refund in previous years, you can retroactively apply for the EITC refund for up to 3 years retroactively.
At E-File.com, it's up to you how much time you spend getting every penny back on your taxes. Many of their customers can file in less than 15 minutes while enjoying qualified tax support. It's easy, fast, and accurate to file your federal taxes for free with E-File.
This offer is only valid for residents of:
- United States