IRS Plans to Test Free Online Tax Filing System
The IRS plans to launch a test run of free, government-run tax filing software for the 2024 filing season, as part of The Inflation Reduction Act that passed last year. The pilot program will involve an unspecified number of taxpayers, letting the IRS gather more information about the ability of the IRS to manage such a system. The IRS concluded that "many taxpayers are interested in using a free IRS-provided tool" to do their taxes and that creating one is within its capabilities, provided it gets sustained representation in the government's budget. This move could potentially bypass tax filing corporate giants like Intuit and open the door to pre-filled tax forms.