When it comes to their federal income tax returns, tens of millions of US households pay for tax preparation and filing. Yet many might qualify to do so for free through IRS-approved programs. So why ...

TurboTax Free Edition is still available for people who have simple 1040 tax returns with no special situations and do not opt for any add-ons. Historically, though, there has been some controversy ...

A venerable IRS program called Free File allows 70% of taxpayers to file their taxes for free, just as the name implies. Only 2% of taxpayers used the service in 2024. That is the finding of a ...

Banking app Chime®* is inviting members to file their state and federal taxes for free, directly through its platform. Simple ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Getty Images The IRS Direct File ...

If you were counting on filing your 2025 taxes directly with the IRS for free, you’ll have to change your plans. That's because IRS Direct File, a program launched two tax seasons ago, was ended by ...

You may think “free” tax filing means zero cost, nothing to lose, no catch. But free in 2026 often means “free until something valuable gets rolled out of your digital backpack.” Here’s our ...

Only 2% of federal income tax returns were filed through Free File, despite 70% of filers qualifying. Many, or all, of the products featured on this page are from our advertising partners who ...

Add Yahoo as a preferred source to see more of our stories on Google. Two tax giants, H&R Block and Intuit (owner of TurboTax), have spent over $100 million in federal lobbying since 2003. This 2026 ...

NEW YORK — Tax season is underway and you have until April 15 to file your return with the IRS. If you want to avoid the stress of the looming deadline, start getting organized as soon as possible.