![]() ![]() (The group says about 100 million Americans meet the income criteria.) ![]() Each of the 13 alliance companies sets its own eligibility criteria, but anyone with 2015 adjusted gross income of $62,000 or less qualifies. In 2003, eager to head off free tax preparation by the Internal Revenue Service, a group of for-profit tax software companies, operating as the Free File Alliance, agreed to provide free filing for low- and moderate-income taxpayers. ![]() Theoretically many first-timers should be able to file free of charge with the help of software. A section on tax advantaged investment accounts has also been removed, click here for a primer on saving for retirement. A section on getting organized has been removed to keep this post a readable length, click here to review. ![]() A section has been added on filing state and local taxes, and the section on health insurance reflects new requirements. All numbers and links have been updated, however, to reflect current prices, as well as the tax brackets and other inflation-adjusted provisions that apply to tax returns for 2015. The general rules haven't changed. * This story is a partial republication of one first reported in 2014. ![]()
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