The information in this article is up to date for tax year 2024 (returns filed in 2025).
At tax time, you’re bombarded with ads for free tax returns. It’s everywhere – your TV, billboards, social media, and even the Super Bowl. Even if you’ve never tried online tax filing before, those “free free free” commercials have probably at least piqued your interest and left you wondering: “What’s the catch?” The reality is that although tax companies advertise free tax returns, not everyone will qualify.
Understanding free tax filing options
When tax companies advertise “free” tax filing, it’s important to understand what “free” actually means. Free tax preparation typically applies to basic tax returns that don’t involve complicated situations such as self-employment income, multiple deductions, or itemized expenses. However, these free filing options often come with limitations. IRS Free File, for example, allows eligible taxpayers to file taxes for free using online software provided by IRS-approved partners. This option is available to those with an adjusted gross income (AGI) of $79,000 or less. In addition to IRS Free File, many tax software providers like ezTaxReturn offer free federal tax filing for simple returns. These services guide you through the process with step-by-step assistance, ensuring that you complete your tax forms correctly. But, when your tax situation becomes more complex, you may need to upgrade to a paid version for additional support. It’s important to evaluate your tax situation and choose the most suitable method to file taxes free online.
Who qualifies for free federal tax filing?
Generally, you can only qualify for free federal tax filing if you have a simple tax return. However, each tax service defines “simple” differently. Often, you’re limited to reporting specific kinds of income and claiming minimal tax credits. Anything more, and you’ll be required to upgrade to a paid product. At ezTaxReturn, you can file taxes for free if you meet the following criteria:
- You’re single or married filing jointly
- No dependents
- Have W-2 income or unemployment income
- Don’t claim any credits outside of the Earned Income Tax Credit (EITC)
- Take the IRS standard deduction
- Your income is $50,000 or less
- Earned less than $1,500 in taxable interest
If you don’t meet the qualifications for a free simple tax return, our paid option will better suit your needs. Please note, there is an additional fee for state returns.
Pros and cons of free tax filing
Save money on filing federal taxes
Obviously, the biggest benefit of free federal tax filing is that you save money, potentially hundreds of dollars. According to the National Society of Accountants, the average cost of a Form 1040 with the standard deduction plus state is $220. Using ezTaxReturn for your free federal tax filing means you’ll just pay a small fee for your state tax return, if applicable. That’s a $200 savings you can put towards groceries and other bills.
Step-by-step guidance lets you file quickly and confidently
The beauty of using tax preparation software like ezTaxReturn is that you don’t have to know anything about taxes. You just answer basic questions about your life and income while following our step-by-step guidance. There’s little to worry about because we do the calculations and complete the right forms for you.
Get your biggest possible refund, guaranteed
With inflation driving up the cost of everything, getting a tax refund can provide a much-needed financial boost. Don’t miss the opportunity to get your biggest possible refund—file your federal taxes free online with ezTaxReturn. Our software is up to date with the latest tax laws, so you’ll get every money-saving tax deduction and credit you deserve.
Fastest way to get your tax refund
Get your tax refund faster by e-filing and having the funds direct deposited into your bank account. It’s quick, convenient, and secure. Nine out of ten taxpayers get their tax refunds in less than 3 weeks. That’s nothing compared to the months you’ll be waiting if you filed on paper.
Free customer support
Whether you need help resetting your password, downloading copies of your return, or tracking your tax refund, our trained customer service representatives are available to help. There’s no jumping through hoops or relying on community discussion boards for answers. Just send an inquiry or request a callback, and someone will get back to you as soon as possible.
Get notified right away when your tax return is accepted
Within 24 hours of e-filing, you’ll receive an email from ezTaxReturn letting you know the IRS has accepted your tax return. From there, you can begin tracking your tax refund using the “Where’s My Refund?” tool on IRS.gov. You’ll need your refund amount, SSN, and filing status to check your refund status.
You may receive promotional offers for financial products
You may be wondering how tax companies make money if everyone’s filing for free. The answer is simple: some companies use the data on your tax return to promote products or services they think will help your financial life. This includes things like loans and credit cards. If you apply and get approved, they earn a commission from the bank.
Watch out for the bait-and-switch
Always read the fine print before beginning your tax return so you’re not blindsided by unexpected fees. As we mentioned earlier, “free” doesn’t mean free for everyone. The problem is you usually don’t realize you’re ineligible until you’re hit with charges when you try to file taxes for free. After committing all that time and effort, you’ll be mad, but probably not enough to walk away. Some tax companies know this and like to take advantage. Not ezTaxReturn. We prefer to give you honest and transparent pricing so you can make the best decision for yourself.
Can you really file taxes for free?
In conclusion, free federal tax filing is available if you have a simple tax situation. For those who qualify, using online tax preparation software or IRS Free File allows you to file taxes free online and potentially save hundreds of dollars. Make sure you understand the eligibility requirements and consider your tax situation carefully to determine if free federal tax filing is the right choice for you.
The articles and content published on this blog are provided for informational purposes only. The information presented is not intended to be, and should not be taken as, legal, financial, or professional advice. Readers are advised to seek appropriate professional guidance and conduct their own due diligence before making any decisions based on the information provided.
