Comment on IRS will pilot free, direct tax filing in 2024
locuester@lemmy.zip 11 months agoThat’s not far from the same for simple filings here. Both my adult kids do their own in about 10-15 min. Maybe less after the first year. This is through TurboTax online.
Also, it’s free as long as you don’t make much or have things like HSA or 401k.
uis@lemmy.world 11 months ago
Isn’t 401k pension payment? Not from USA.
revlayle@lemm.ee 11 months ago
It is a retirement savings plan that most employers offer. You put money in it from your pay period into it, and it is taken out pre-tax, as in your taxes are calculated from your pay during that period after the retirement deduction is taken out (other things are pre-tax also, but 401k is one of them)
uis@lemmy.world 11 months ago
Filing taxes still isn’t free then, if filing for pension isn’t.
locuester@lemmy.zip 11 months ago
It’s still free, just not through turbo tax.