Free Online Tax Filing – Best Easy Ways to Help Taxpayers get their Tax Refund Fast

Ready to get started on your tax filing this weekend, and looking for the best way to prepare and file you taxes online for free? The good news is that there are several options available to file taxes online.

In this article we will examine several ways to get your taxes files electronically and submit them to the IRS online – which typically speeds up processing your return, and also helps you get your tax refund faster.

While there are a number of options to file taxes online for free, the cost often depends on your income and how complicated your tax situation may be.

According to estimates, roughly 70 percent of taxpayers, those with adjusted incomes less than $58,000, can take advantage of e-filing their taxes thanks to Free File – a partnership between the Internal Revenue Service (IRS) and a coalition of industry-leading tax software companies called the Free File Alliance.

The IRS.gov portal allows taxpayers to prepare, complete and e-file their federal tax returns at no cost using software from Free File Alliance members. For those with higher incomes, Free File also offers a basic federal e-filing service – called “Free File Fillable Forms” – which has no income limitations.

“Software from the Free File Alliance provides step-by-step help and calculations to make tax-filing quick, simple and convenient. After you e-file, you’ll receive a confirmation email so you can rest assured that you’re done for the year, and you’ll get your refund in as few as 10 days. Free File is fast, safe and – most importantly – completely free.”

Other ways to e-file taxes online for free include major names in tax filing services including H&R Block and Turbotax. The free online tax filing options from these services are typically available to anyone filing with the simplest type of tax situation – regular wages from an employer and standard or itemized deductions.

TurboTax has a free online tax service for users who would file a 1040EZ, taking the standard deduction. For those who itemize deductions, like homeowners, their tax solution is only $29.95. They also have inexpensive plans for those with Rental Properties or who also operate a small business.

This is essentially the same across the industry. As such, most taxpayers can indeed file taxes online for free and expedite their tax refund if they are due to get money back.

No matter which program or tax situation, most people find the online tax services very simple to follow as they walk you through the process step-by-step, and help to maximize any tax refunds to which you may be due.

With no software to download, the online tax filing services can also transfer your tax information from previous years (if you used them before) saving you time in the filing process.