Free File 2007 Through IRS

Taxpayers with an adjusted gross income of $54,000 or less are eligible to use the Free File alternative through the IRS website. Free File is provided by "for profit" tax preparation companies but for those who qualify, it is free to prepare and file your taxes online through the Free File program.

In 2007, responding to critics of RALs, the IRS banned refund anticipation loans from its Free File program. However, the IRS promises fast refunds within 10 days of filing if the taxpayer chooses direct deposit.

If your adjusted gross income is less than $54,000 and you plan to use the Free File program, you must do it through the IRS website.

Those who do not qualify for Free File because their income exceeds $54,00 may still use the e-file option.