Online Federal Free Edition:

Preparing income taxes is challenging for the most people because they have to deal with lots of documents and receipts for the whole year and it is also confusing which forms to be filled up and which deductions to choose, but with the help of online software and e-filing services, it has become much easier, simpler and faster to prepare taxes online and perform your task of filing taxes online.

Millions of people are using online option for paying taxes because it is easy, safe and secure. If you do your taxes online and file electronically, then you will save your time and the cost of paid tax preparation as well. There are several other advantages of choosing option filing option than the paper filing.

Hiring a tax accountant or CPA for doing your taxes can be costly. Now due to online software and tax preparation services, you can easily do your task at your convenience if you have access to the internet. Moreover, some tax preparation companies will let you do it for free or for some nominal charge.

If you visit the IRS website, you will see whether you can use Free File program offered by the IRS (through a partnership with some private software companies) for free federal income tax preparation and electronic filing. If your adjusted gross income or AGI, according to the IRS, is less than $57,000 then you are eligible for using this free file option for completing your task.

You can choose an IRS approved tax preparation and e-filing service for doing your task for free or for some little charge if you do not qualify for using IRS Free File program option. You may not have difficulty of finding proper and reliable tax preparation and filing company. You can visit the IRS website and go to the “FreeFile” page where you will see a “Help Me Find A Free File Company” that will help you choose your option.