From Yahoo Finance: 2025-04-12 12:03:00

Taxpayers can now file their taxes for free through the IRS Direct File program, expanded under the Biden administration. Despite pushback from the Trump administration, the program remains available for the 2024 tax year until April 15, 2025. Restrictions apply, but supporters believe it saves money and simplifies the filing process.

The IRS accepted 140,803 returns through Direct File last tax season in 12 states. The program, part of the Inflation Reduction Act, aims to become a permanent option for all taxpayers. Expanded to nearly half the US in 2025, it eases federal tax filing but not state returns.

Some Republicans, including the Department of Government Efficiency, oppose the Direct File program. Critics argue it’s a conflict of interest and a waste of money. Costing $814 per filing, alternatives like the Free File partnership exist. Despite limitations, other free filing options are available for taxpayers.

Enrolled tax advisors like Lisa Niser and Kevin Jerry recommend exploring other filing methods. While Direct File may have benefits, it’s not the only cost-effective option for tax filers. Programs like TurboTax can guide filers through deductions and credits, ensuring accurate and affordable tax preparation. Tax expert Jerry emphasized the importance of not overpaying taxes. Free tax filing programs like VITA, MilTax, and AARP Tax-Aide help qualifying individuals. Community centers and online software are also options. Nonpartisan GOBankingRates aims to provide balanced financial news. Explore more articles on their website.

Read more: What It Could Mean for Your Wallet Next Tax Season