IRS Free File software launches in Hawaii - Hawaii News Now - KGMB and KHNL

IRS Free File software launches in Hawaii

HONOLULU (HawaiiNewsNow) -

By Jon Rombaoa

Hawaii taxpayers can now catch a break when filing taxes thanks to a partnership between the Internal Revenue Service and the Free File Alliance.

Today, the IRS and the Free File Alliance announced the launch of their Free File software that makes 14, easy-to-use brand-name tax software products and electronic filing available for most Hawaii taxpayers for free. 

From finding the right forms and tax credits to even doing the math, the software can help taxpayers with tax preparation, including the new health care law that will affect almost everyone.

“About 70 percent of all federal tax returns come in below the $60,000 income level,” said IRS Spokesman David Tucker II. “Millions can use it to file a federal income tax return for free.”

Nationally, more than 3.2 million people used Free File last year with over 12,000 coming from Hawaii. Since 2003, more than 43 million people have used Free File, saving $1.3 billion based on a conservative $30-fee estimate.

“You don't have to be an expert on taxes or the new health care law. Free File software can help walk you through the rules and help you get it right,” said John A. Koskinen, IRS Commissioner. “For 12 years, this partnership between the IRS and the Free File Alliance had helped taxpayers save both money and time. The real winner in this partnership has been the nation's taxpayers.”

Taxpayers who earned $60,000 or less in 2014 are eligible to choose from the 14 available tax filing software products. Those who earned more than $60,000 are still eligible for Free File Fillable Forms, a more basic Free File option best for people comfortable preparing their own tax returns. Free File Fillable Forms will be available Jan. 20. 

Free File will be available through October 2015. Taxpayers who cannot meet the April 15 tax deadline can also use Free File to file a six-month extension. The service is available on the IRS website at www.irs.gov/freefile.

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