NewsLocal News

Actions

You should read this before filing your taxes this year

Default-Image_1280x720.jpg
Posted at 12:32 PM, Feb 06, 2015
and last updated 2015-02-06 12:58:19-05

RICHMOND, Va. -- Many Virginians have a free option when it comes to filing their taxes. On Friday, Virginia Governor Terry McAuliffe touted the state's free tax prep program called the IRS and Virginia Free File Program. The free program is available to people whose annual income is $60,000 or less. About 70 percent of the Virginia's population falls into that category.

Free Tax 02

Free File is a public-private partnership in between the IRS and tax prep software companies. Virginia has joined 19 other states in the program that let you file both federal and state tax returns online.

"What they do is they help folks not only complete their own individual return, but it's very important that it allows them to find every credit and deduction which they are entitled to," Governor McAuliffe said.

Click here to access Free File.

Click here to access Free File.

The Free File program provides value to Virginia's government by lower processing costs and producing fewer errors than manual paper returns. Carolyn Spohrer, from the Virginia Community Action Partnership, paraphrased Albert Einstein who said one of the most difficult things in the universe to understand is filing your taxes.

Click here to access the Virginia Free File Program.