Nothing is free in life! These are the most common issues that I have found through experience that individuals may have a problem with self income tax preparation. If you have other schedules such as A,B,C, take the time to understand the law before you prepare your tax return, If not, hire a professional, it will pay for itself!
Here are some basic information to keep in mind for a basic free return: ● Income must be under $60,000. ● Be sure to have all your forms in front of you and follow the software interview (if any) without skipping any sections. ● Understand the Affordable Care Act Tax Provisions NEW LAW. ● Understand the Earned Income Tax Credit. ● Understand the Child Tax Credit. Source Url: http://www.cpaaccounting.biz/blog/irsfreeefile.html