The IRS Will Test Out Its Own Free Tax Prep Software in 2024
In just a couple years, you may be able to file your taxes online using free software created by Uncle Sam himself.
The IRS says that, on average, U.S. taxpayers spend $140 and eight hours filing their annual tax returns. To keep costs down and simplify the filing process, the agency announced Tuesday it is launching a pilot program next year to help some taxpayers file their returns for free online in a major step toward creating a free, government-run tax filing option for all Americans.
The agency is still ironing out the details of the pilot, but IRS Commissioner Danny Werfel told reporters on a call Tuesday that the public will be able to opt in, according to the Associated Press. He also stressed that the free government-run tax filing option is not intended to replace private-sector options like TurboTax or H&R Block.
“Taxpayers will always have choices for how they file their taxes,” Werfel said. “People should use the filing option that works best for them.”