📅The deadline to file income tax returns is April 15th.
💻The IRS launched a free filing program called Direct File, available to taxpayers in 12 states.
💰Taxpayers who earned income from an employer and claimed the standard deduction can file for free using Direct File.
🏠Homeowners who made energy-saving home improvements may qualify for a tax credit of up to 30% of the cost.
🔍Rounding up numbers and not accounting for all income and 1099s can trigger an IRS audit.
What is the deadline to file income tax returns?
—The deadline to file income tax returns is April 15th.
Is there a free filing program available?
—Yes, the IRS launched a free filing program called Direct File, available to taxpayers in 12 states.
Who can file for free using Direct File?
—Taxpayers who earned income from an employer and claimed the standard deduction can file for free using Direct File.
What tax credits are available for homeowners?
—Homeowners who made energy-saving home improvements may qualify for a tax credit of up to 30% of the cost.
What can trigger an IRS audit?
—Rounding up numbers and not accounting for all income and 1099s can trigger an IRS audit.
00:08The video discusses important tax filing tips before the April 15th deadline.
00:18The IRS launched a free filing program called Direct File, available to taxpayers in 12 states.
00:41Taxpayers who earned income from an employer and claimed the standard deduction can file for free using Direct File.
01:18Homeowners who made energy-saving home improvements may qualify for a tax credit of up to 30% of the cost.
02:01Rounding up numbers and not accounting for all income and 1099s can trigger an IRS audit.
