Current:Home > ContactMore people filed their taxes for free so far this year compared to last year, IRS says -Profound Wealth Insights
More people filed their taxes for free so far this year compared to last year, IRS says
View
Date:2025-04-25 20:00:36
More people are filing 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 mjlee@usatoday.com and subscribe to our free Daily Money newsletter for personal finance tips and business news every Monday through Friday.
veryGood! (9)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- City in a Swamp: Houston’s Flood Problems Are Only Getting Worse
- The first abortion ban passed after Roe takes effect Thursday in Indiana
- COVID Risk May Be Falling, But It's Still Claiming Hundreds Of Lives A Day
- USA women's basketball live updates at Olympics: Start time vs Nigeria, how to watch
- The economics behind 'quiet quitting' — and what we should call it instead
- 71-year-old retired handyman wins New York's largest-ever Mega Millions prize
- Some don't evacuate, despite repeated hurricane warnings, because they can't
- Jamaica's Kishane Thompson more motivated after thrilling 100m finish against Noah Lyles
- A box of 200 mosquitoes did the vaccinating in this malaria trial. That's not a joke!
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Why The Bladder Is Number One!
- Debate 2020: The Candidates’ Climate Positions & What They’ve Actually Done
- Astrud Gilberto, The Girl from Ipanema singer who helped popularize bossa nova, dead at 83
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Ten States Aim for Offshore Wind Boom in Alliance with Interior Department
- All the Jaw-Dropping Fascinators Worn to King Charles III’s Coronation
- Wildfires to Hurricanes, 2017’s Year of Disasters Carried Climate Warnings
Recommendation
Illinois governor calls for resignation of sheriff whose deputy fatally shot Black woman in her home
2 teens who dated in the 1950s lost touch. They reignited their romance 63 years later.
Here's what will happen at the first White House hunger summit since 1969
Why Ryan Reynolds is telling people to get a colonoscopy
Kansas City Chiefs CEO's Daughter Ava Hunt Hospitalized After Falling Down a Mountain
Today’s Climate: June 15, 2010
MTV Movie & TV Awards 2023 Live Show Canceled After Drew Barrymore Exit
Virginia graduation shooting that killed teen, stepdad fueled by ongoing dispute, police say