How to Do Your Taxes for Free: 10 Platforms and 5 Tips

Learn how to do your taxes for free with this all-inclusive guide. From free tax filing platforms to tips for filing on your own, this article covers everything you need to know to file your taxes without spending a dime.

Introduction

Are you tired of paying high fees for tax filing services? You’re not alone. Many people are looking for ways to file their taxes without breaking the bank. In this article, we’ll provide you with free tax filing resources and tips so you can save your money for the things that matter. Here’s what we’ll cover:

10 Free Tax Filing Platforms You Can Use Today to Save Money

There are a variety of free tax filing platforms available online. Here are ten of the best:

Each platform has its own eligibility requirements, features, and benefits. Be sure to read up on each platform before choosing one.

5 Tips for Filing Your Taxes for Free

Filing your taxes for free can seem daunting, but it’s definitely possible. Here are five tips to help you file your taxes without spending a dime:

Use free tax filing programs: As mentioned earlier, there are many platforms online that offer free tax filing services. Take advantage of these programs.
E-file for free: The IRS offers free e-filing services for taxpayers with an adjusted gross income of $72,000 or less. Check out the IRS Free File Program for more information.
Seek out free tax assistance: The IRS provides free tax help for people who need it. You can also seek assistance from local organizations such as community centers or libraries.
File early: Filing your taxes early can save you money on late fees and penalties. Plus, you’ll get your refund sooner.
Double-check your work: Simple mistakes and errors can lead to unnecessary fees and penalties. Double-check your tax return before submitting it.

No More Excuses: How to Do Your Taxes for Free

Many people believe that filing their taxes for free is too complicated or not worth the effort. Here are some common misconceptions about free tax filing:

You have to be a tax expert to file your taxes for free: This is not true. Free tax filing platforms provide step-by-step instructions that are easy to follow.
Free tax filing is only for people with simple tax returns: Actually, most free tax filing platforms can accommodate a wide range of tax situations.
Free tax filing is too time-consuming: Filing your taxes can be time-consuming no matter what method you choose. But with free tax filing platforms, you can save time by using their software to automatically calculate your tax liability.

If you’re ready to file your taxes for free, here’s how to get started:

Gather your tax documents: Before you start filing your return, make sure you have all the necessary documents, such as your W-2 or 1099.
Choose a free tax filing platform: Review the platforms we listed earlier and choose the one that best fits your needs.
Follow the platform’s instructions: Most platforms will guide you through the process step-by-step. Make sure you read each prompt carefully and enter accurate information.
Review your tax return: Double-check your work before submitting your tax return. Make sure all the information is accurate and complete.
Submit your tax return: Once you’re confident that everything is accurate, submit your tax return using your chosen platform.

If you need additional help, the IRS provides free tax assistance online, by phone, or in-person. Check out the IRS Help & Resources page for more information.

The Best Free Tax Preparation Tools for Every Situation

If you’re a freelancer, self-employed, or have investment income, your tax situation may require additional tools and resources. Here are some of the best free tax preparation tools for every situation:

IRS Free File Fillable Forms for self-employed individuals
Credit Karma Tax for investment income
H&R Block Free File for freelancers

Each tool has its own eligibility requirements and benefits, so read up on each one before you start filing your tax return.

DIY Taxes: How to Complete Your Tax Return for Free

If you’re comfortable completing your tax return on your own, here’s a step-by-step guide:

Gather your tax documents
Choose a tax software: We recommend IRS Free File Fillable Forms
Enter your personal information
Enter your income information
Claim your deductions and credits
Review your tax return
File your tax return electronically

Remember to double-check your work and make sure all the information is accurate before submitting your tax return.

Conclusion

Filing your taxes for free is not impossible. With the right resources and tips, anyone can file their taxes without spending a dime. Just remember to gather all the necessary tax documents, choose the right tax filing platform for your needs, and double-check your work before submitting your tax return. If you need additional help, reach out to the IRS or local organizations for assistance. And don’t forget to spread the word to others about how to file their taxes for free.