The gates are open and tax season is under way. Nearly 1 million Hoosier taxpayers will qualify to file their federal and state taxes for free through Indiana freefile.
If your adjusted gross income was $57,000 or less during 2012, the Indiana Department of Revenue can offer you free federal and state tax filing online.
Taxpayers should visit www.freefile.dor.in.gov to see if they qualify for INfreefile based on the vendors’ options. If they qualify, all taxpayers have to do is click the vendor of their choice and complete their tax returns online.
“Indiana freefile is easy to use and convenient,” said Bill Bahler, deputy commissioner of tax administration. “Qualifying users can file both their federal and state taxes at the same location using professional software. Plus, it’s free. That’s pretty hard to beat.”
This year, there are seven vendors that create an easy and more secure way to file taxes online. The vendors participating in INfreefile include 1040 Now, H&R Block, OLT OnLine Taxes, Tax Act, Tax Hawk, Taxslayer and Turbo Tax.
• Faster refunds — e-filed returns are processed in less than two weeks, while a paper return can take up to 10 weeks.
• Better security — fewer people see your information
• Get more or pay less — e-filing software may suggest credits and deductions you might not have known about.
• Better accuracy — electronic returns have a 2 percent error rate versus 20 percent for paper returns.
Indiana is one of more than 20 states who are members of the Free File Alliance, a partnership between the IRS and private tax preparers. The program brings professional tax services to a wide range of income levels.