Learn 5 Free Tax Prep Resources for Seniors

4.      It’s free to file with the IRS

Seniors who are good with technology might want to use the IRS Free File program to file their federal taxes online. You can file your federal tax return at no cost if you meet the conditions. People are qualified if their adjusted gross income (AGI) is $73,000 or less. It’s important to remember that people may have to pay a fee to file their state tax returns. So, even though your federal tax return may be free, you may have to pay some money to file your state tax return.

5.      Look for tax preparation help in your area

In addition to the above tools, your town or city may also offer free or low-cost tax services to seniors. If you need help, you can ask at your neighborhood library or community center about programs that help people file their taxes. Across the country, there are many community-run organizations that help seniors with important financial issues, like preparing and filing their taxes.

Don’t put off filing your taxes

Even though no one likes tax season, most of us have to pay our taxes and file our yearly tax returns. Now is the time to start sorting your tax papers if you haven’t already. You might want to put off filing your taxes, but that will only add to your stress.

The good news is that you can still start now. If you can do your taxes without help from a professional, you might want to use tax tools to make the process easier. Check out our list of the best tax tools to learn more about your choices.

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