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Plus, the IRS will launch a pilot program for its new Direct File software soon. Evgeny Atamanenko / Shutterstock.com
As the 2024 tax season rapidly approaches, the IRS has launched its Free File program with an historic expansion to eligibility. This year, anyone who earned an adjusted gross income (AGI) of $79,000 or less in 2023 can access guided tax prep that’ll help them file their federal taxes online for free. The new income cap is $6,000 higher than last year’s $73,000, and, according to an analysis by…