My spouse and I just got our W-2's and we're ready to file since we expect to get a nice refund.
Can we e-file now or do we have to wait?
You all must feel really good about your refund. Unfortunately, many of us who owe
Uncle Sam or are just procrastinators are holding off until April 15th.
The good news for you is that according to the Internal
Revenue Service (IRS), you can file your income tax online now using one of the several off the shelf tax preparing programs. They're a quick, easy, and safe way to file
and you'll get your return significantly earlier than those who paper file.
not sure if you fall in this category, but for many taxpayers with an Adjusted
Gross Income (AGI) of $56,000 or less, there is Free File, where you can file for free as
early as January, 15, 2010.
According to the IRS, Free File will be up and running
on January 15th and provides free federal income tax preparation and
electronic filing through a partnership between the IRS and the Free File Alliance LLC, a group of private sector tax software
If you are eligible for Free File, carefully
review the descriptions of the free offers before starting your return because
individual company offers may be limited to specific states and income levels.
Additionally, each company has a description of their
eligibility criteria for preparing and e-filing your federal tax return for
Remember, when choosing a company, be sure to link to the company's website through the
IRS. If you go directly to a company's
website, you may not get the free service.
For more information, please visit the
IRS's Free File: Frequently Asked Questions web
Yours in Gov,