IRS will finally let most Americans file taxes online next year

In this photo illustration, a woman’s silhouette holds a...
Photo Illustration by Rafael Henrique / SOPA Images / LightRocket via Getty Images

Starting next year, most US taxpayers will be able to file their taxes completely paperless with the Internal Revenue Service (IRS). The move will precede the agency’s initiative of getting to total paperless processing by the 2025 tax season, saving 200 million sheets of paper annually and cutting tax processing times in half.

This isn’t some IRS tax preparation service that kicks services like TurboTax from your life — although the agency plans to test its own free tax prep service for some taxpayers next year. However, taxpayers can switch to paperless filings in 2024, which could speed up their refund time by “several weeks.”

Digital filings can reduce headaches for taxpayers and IRS staff since correspondence like document…

Continue reading…

Read more