• catloaf@lemm.ee
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    5 months ago

    Unless it’s changed from the pilot, it’s only useful if you file a 1040EZ or take some really basic deductions. Anything beyond the basics, like any kind of investments, means you need to use a different tool.

    But freetaxusa is still free for all but the most complex cases.

    • triptrapper@lemmy.world
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      5 months ago

      From the article:

      The pilot program targeted people with simple tax returns based on W-2 forms. In her remarks today Yellen said that over the next few years they will expand Direct File to support more situations.

    • TeddE@lemmy.world
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      5 months ago

      But even that would cover a large percentage of the American workforce, and I imagine over a few years, it will grow to cover all users that don’t need personal accountants. Progress is progress.

      Personally, I hope this transitions into a system where they email you a proposed return and you do nothing to accept it (only needing to take action if there’s an issue).