Page 11 - Other Income for Individuals
P. 11

FREE FILE CAN MAKE TAXES EASIER FOR


                                            SENIORS AND RETIREES




       Here are some facts about Free File programs to help these taxpayers determine which
       one fits their needs.

        The IRS urges all taxpayers to file electronically and choose direct deposit to get their
            refund faster and avoid pandemic-related paper delays.

        IRS Free File is available on IRS.gov, and features brand-name tax software providers.
        Free File offers the Form 1040-SR option for seniors over the age of 65.
        Taxpayers can browse the offers or use the lookup tool to help them find the right product.

        Each Free File partner sets its own eligibility standards. These are generally based on
            income, age and state residency. All taxpayers whose adjusted gross income was $72,000

            or less will find at least one free product to use.
        Some Free File products are available in Spanish.
        MilTax online software is also available to certain veterans, regardless of income, and is

            offered through the Department of Defense.



    https://lentcpa.com
   6   7   8   9   10   11   12   13   14   15   16