6 Ways to Get Free or Cheap Help With Your Taxes

Tax season is here. You still have time to file your 2023 tax return. Those who need assistance should seek professional help before filing. Working with a professional can help you minimize costly filing mistakes. If you're worried about the cost of tax software, explore free and low-cost resources. These services can help you keep more money in the bank.

Explore low-cost and free tax prep and filing options

It's essential to file your federal tax return by the April deadline. Exploring free and low-cost tax resources is a good idea if you've been delaying your taxes because of your personal finance situation. Tax services like this allow you to get professional guidance without draining your wallet. Here are a few ways to get free or cheap tax help.

1. AARP Foundation Tax-Aide

The AARP Foundation Tax-Aide provides free tax assistance. The organization focuses on helping taxpayers 50 and older and those with low to moderate income. In-person and online assistance is available through April 15. Interested taxpayers can navigate the AARP website to locate their closest site to learn more or schedule an appointment for tax assistance.

2. IRS Free File

Taxpayers with a household adjusted gross income (AGI) of $79,000 or less can utilize the IRS Free File program. The IRS partners with eight tax software partners to provide free filing solutions to eligible taxpayers. Each partner may set additional income or age limitations to qualify for free tax prep, so review each company's requirements before you start your return. But if you meet the income requirements, you should consider this tax-filing solution.

3. Volunteer Income Tax Assistance (VITA)

The Volunteer Income Tax Assistance (VITA) program is another solution to explore this tax season. This program provides basic tax preparation to qualifying individuals. VITA is available to taxpayers who earn $64,000 or less, the elderly, people with disabilities, and taxpayers with limited English proficiency. Typically, this service is provided at local community centers, libraries, and schools. The IRS has a VITA site locator tool on its website to find nearby help.

4. Free File Fillable Forms

For those who don't meet the income or age requirements for the free tax solutions above, IRS Free File Fillable Forms is another solution to consider. These forms are available to all taxpayers, regardless of household income. You can complete the fillable forms online and file your federal taxes electronically. This solution may be ideal if you feel confident in your tax prep abilities and want to avoid wasting money on tax-filing fees.

5. Free tax software solutions

Another solution that may be available is free tax software. Some tax software companies provide free federal tax preparation solutions. This resource may be available to taxpayers who meet income requirements. It's worth noting that most free tax software solutions only support basic tax return needs.

You may not qualify for this solution if you have a more complex tax situation or require additional tax forms. If you qualify for free federal tax filing, you may be required to pay state tax-filing fees. Be sure to review all eligibility requirements before you start your taxes.

6. Don't overlook local help

There may be other resources available in your local area. You might want to contact churches, community centers, schools, and libraries to see if local tax prep companies offer community members free or low-cost tax help. It's always worthwhile to ask before paying filing fees.

Now is the time to take care of your taxes

It's not too late to file your tax return. But don't delay much longer. You want to allow enough time to gather your documents and prepare your return before the federal tax-filing deadline.

For additional tax guidance, check out The Ascent's free guide to taxes.