The IRS will test drive a new online free-file tax return platform in 2024, an idea that has generated both support and criticism for years.
The idea of a government-operated electronic free-file tax return system has been debated for years – with advocates noting how it could better serve taxpayers, and critics skeptical about the IRS taking on dual roles of both the tax collector and preparer.
The IRS said all U.S. states were invited to join the pilot program, but not all "were in a position to join" at the time. The online tax-filing platform will be limited to taxpayers with "relatively simple returns," the agency added. The agency anticipates that it will include several main sources of income and tax credits, including W-2 wage income, Social Security and railroad retirement income, unemployment compensation, the Earned Income Tax Credit, the Child Tax Credit, standard deductions, student loan interest deductions, education expense deductions, and more.
Tens of millions of dollars have been spent trying to influence policymakers on the issue, and lobbying data shows that the big tax companies in particular have spent heavily.
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