I hope it will be free to all filers. As all filers are tax payers, not just people who make under $50k a year, or whatever previous limits they had on fillable forms.
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I think the limit was more about which forms were available in the app, and above a certain income it was likely unavailable forms would be more commonly needed.
Here’s hoping that they plan on expanding the library of forms available!
Long overdue but great news. The IRS is really visibly having positive results from their increased funding.
Can't wait for the governor of my state to vilify this as socialism and block it for her constituents because it might benefit even a single poor person.
Don't worry. My dumbass governor will probably say it benefits illegal immigrants somehow, so should be banned.
iowa? Sounds like reynolds.
Bingo!
I was going to guess Iowa. Reynolds doesn't get the notoriety she deserves. I'm glad I wasn't the first to guess her.
I'm realizing I should have actually named and shamed her directly now, but I'm glad (and sad) that it wasn't too difficult to figure it out.
Kim Reynolds is a bright red boil on the cancerous tumor that is the Iowa Republican party.
It still blows my mind how she could defend turning down federal funding for free lunches for school children. Like, the federal dollars were already allocated, turning it down does nothing but route that money elsewhere for the same purpose, why not help starving children in your state?!
Gotta punish women for having sex and make sure your billionaire buddies have an uneducated cheap labor pool to hire at minimum wage
Very simple returns. Fillers couldn’t even participate if they had child care deductions. I hope they scale out capabilities too along with this expansion.
And not to sound too pessimistic, but I doubt we’ll get participation in all 50 states by 2025, since those tax rules need to be added to the system as well. It sounds quite complicated for a one year project. So just some expectation management in this one. Fingers crossed.
Well the IRS doesn’t manage state filing IIRC, so if that’s the case you would need your state to provide that.
And, each of the states could work together in some sort of federation to provide a unified interface for state-level filing.
This is going to change so much for so many people, avoid lots of headaches too.
Over here, online and automated tax returns have been a thing for over a decade.
You can opt to get it on paper or online, but they supply you with a pre-filled return most people can usually directly file without a single alteration. And you don't even have to actually file the pre-filled return if it's complete, just ignore it and it is automatically regarded as filed.
And if you have anything to add, on the website it's as simple as hitting some checkboxes for the appropriate tax codes (which all have extensive explanations and automated inclusion/exclusion rules so that if you check a specific box that also requires you to add other information, it won't file without adding the other information) and adding the numbers (if there's any specific numbers attached) and hit recalculate.
Even my tech illiterate and phobic dad can work with it.
extremely rare IRS W