Members of the military can take advantage of special offer to file taxes for free

​Active duty military personnel have multiple options for free federal tax preparation. IRS Free File allows taxpayers to prepare and file their federal individual income tax return for free using brand name tax-preparation-and-filing software.

While Free File is for individuals or families whose adjusted gross income was $69,000 or less last year, there’s a special offer for active duty military and their spouses. Members of military and their families who meet the income limitation may choose from any of nine companies without regard to additional eligibility requirements.

Active duty military stationed in combat zones also have more time to file their tax returns. However, those with spouses and families may opt to file as soon as they are able to claim various tax benefits for which they may be eligible. If only one spouse is present to file a joint return, they must have proper authorization to file a joint tax return on behalf of their spouse.

With Free File, you can use any digital device, personal computer, tablet or smart phone. Here’s how it works:

• The taxpayer goes to the Free File page on IRS.gov to see all Free File options.
• Military personnel who meet the income requirement can select from any of the nine providers that have “Free for Active Military for Adjusted Gross Income of $69,000 or less” in their offer. Nine of the 10 partners are making the offer. Two products are in Spanish.
• The taxpayer selects a provider and follows the links to their web page to begin their tax return.
• They then complete and e-File their tax return. They will do so only if they have all the income and deduction records needed to file. The fastest way to get a refund is by filing electronically and selecting direct deposit. If a taxpayer owes, they can use direct pay or electronic options.

More information:

• Free Tax Return Preparation for Qualifying Taxpayers
• Choosing a tax professional
• ​Let Us Help You

"Tax Tips" are published to provide current tax information, tax-cutting suggestions, and tax reminders. If you would like more information on anything in "Tax Tips," or if you'd like to be on our mailing list to receive other tax information from time to time, please contact our office.
 
The tax information contained in this site is of a general nature and should not be acted upon in your specific situation without further details and/or professional assistance.
 
We are trusted CPA advisors servicing Burr Ridge, Hinsdale, Willowbrook, Darien, Naperville, and all Chicagoland area. 

Do you need assistance with your business and/or personal tax returns? Would you like to have a trusted source for your accounting, allowing you additional time to focus on increasing your business? Do you use QuickBooks, or plan to in the future, for your accounting? We include these in all our service packages, customized to fit your personal or business needs.   
 
We are currently accepting new clients. Your initial consultation is free, so you have nothing to lose and everything to gain. Our experienced staff is available to help you streamline your accounting, giving you more free time for yourself. Set up an appointment today by calling (630) 320-3720 or email us at [email protected]. 
 
For more free resources, such as Tax Rates, Tax Organizers, and Record Retention Schedules, access our website www.monarchaccountinggroup.com.

Monarch Accounting Group, Inc
145 Tower Drive, Suite 4
Burr Ridge, IL 60527
Phone (630) 320-3720

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