The Internal Revenue Service vastly overstated the projected costs of operating the Direct File free tax preparation program before terminating it for this tax season, according to a new report.

The agency still offers a Free File program that works with commercial tax software firms. Some companies also offer free tools for certain filers. By Ann Carrns The federal government tested a free, ...

Add Yahoo as a preferred source to see more of our stories on Google. A U.S. Individual Income Tax Return Form 1040 sits on a desk alongside a pencil, a smartphone calculator, and cash. Photo: Sarah ...

(The Center Square) – A group of U.S. lawmakers introduced legislation Thursday to codify the IRS Direct File program, which the Trump administration shut down in 2025. The Direct File Act, supported ...

Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Anchiy / Getty Images The IRS ...

Free File is not Direct File, which the IRS has discontinued for the 2026 tax season. This tax season, according to the IRS, eight private-sector partners are offering guided tax software products ...

Millions of Americans can prepare and file their federal income tax returns this month through IRS Free File, the Internal Revenue Service announced Friday. IRS Free File is a program that allows U.S.

Tax season is officially underway, and the Internal Revenue Service has begun accepting individual federal tax returns for 2026 through its free guided software program, IRS Free File. The IRS opened ...

The Internal Revenue Service announced it would be opening up submissions of certain tax returns through its IRS Free File program for 2026. The IRS Free File program began accepting individual tax ...

The Trump administration has shut down the IRS "Direct File" program, which was a free tax filing option. Critics of Direct File cited high development costs and low user participation for its closure ...