• Donor-Advised Funds

    The new University of Miami Donor-Advised Fund allows donors to make charitable contributions, receive an immediate tax benefit, and recommend grants to the University and other qualified charities over time. A popular and simple vehicle for effective charitable giving.
    More

  • Bequests

    By designating the University of Miami as a beneficiary in your will, trust or beneficiary designation form, you’re ensuring the future of the University.
    More

  • IRA Gifts

    If you are 70½ or older you may be interested in a planned gift that reduces the income and taxes from your IRA withdrawals. An IRA charitable rollover is a way you can support UM while benefiting yourself. Or at any age, designating the University of Miami as a beneficiary of your IRA can be a great way to remove highly taxed assets from your estate.
    More

  • Beneficiary Designation Gifts

    A beneficiary designation gift is a simple and affordable way to make a gift to support the University of Miami. You can designate us as a beneficiary of a retirement, investment or bank account or your life insurance policy.
    More

  • Appreciated Stock Gifts

    Donating appreciated securities, including stocks or bonds, is an easy and tax-effective way for you to make a gift to the University of Miami.
    More


Text Resize
Print
Email
Subsribe to RSS Feed

Tuesday June 16, 2026

Washington News

Washington Hotline

Free File Launched on January 13

The Internal Revenue Service (IRS) announced that its Free File tax software was available for taxpayers starting January 13. The Free File program allows taxpayers to enter their data and file their tax returns online for free. Free File returns will be filed starting on the opening day of tax season, January 23.

Free File is in its 21st season. The seven partners of Free File are commercial software companies. They offer complimentary online software to taxpayers with 2022 incomes of $73,000 or less. Taxpayers with incomes over $73,000 may use a separate filing system, the IRS Free File Fillable Forms (FFFF).

The seven Free File providers each create their own eligibility rules. Several providers offer their software for taxpayers with incomes under $73,000, while others have lower income cut-offs. Active-duty military members with adjusted gross income in 2022 of $73,000 or less are permitted to use any of the seven companies.

To use the Free File software, taxpayers should go to IRS.gov/FreeFile. Select the Free Guided Tax Preparation and a Free File Online Lookup Tool to help you select the best program. You can use the Browse All Offers function to look at the different offers. You select one of the seven providers and click through to the provider's website. You will then be able to complete your tax return online. Taxpayers without a computer may complete their tax return on a mobile phone or tablet.

The seven Free File providers are 1040Now, ezTaxReturn.com, FileYourTaxes.com, On-Line Taxes, Tax Act, FreeTaxUSA and TaxSlayer. For forms in Spanish, taxpayers can use ezTaxReturn.com.

Editor's Note: Free File is a valuable service for many taxpayers. It will be used this year by millions of Americans. The IRS continues to receive requests from Members of Congress to develop its own tax software. However, the IRS has been reluctant to replace the Free File program with its own product. Because many other countries provide a government product, this may occur at some time in the future.

Published January 20, 2023
Print
Email
Subsribe to RSS Feed

Previous Articles

2023 Tax Filing Season Opens on January 23

Estimated Tax Payments Due January 17

President Signs Omnibus Spending Bill

Secure Act 2.0 Enhances Retirement Benefits

Secure Act 2.0 Enhances Retirement Benefits

scriptsknown