One Week Left to File Federal 1040EZ for Free
Millions can file taxes for free at participating H&R Block offices
Taxpayers have one more week to file a federal 1040EZ for free at participating H&R Block (NYSE: HRB) offices. Taxpayers can file a Federal 1040EZ for free through Feb. 28. This free offer gives those taxpayers access to expert assistance in completing their returns and guarantees they get their maximum refund.
“Filing a simple tax return may not be as easy as many taxpayers believe,” said Karen Orosco, senior vice president of H&R Block U.S. Retail Sales and Service organization. “Having assistance from a qualified tax professional provides taxpayers confidence that they aren’t leaving any money on the table.”
It can pay to file a tax return, even if not required
Filing requirements depend on a combination of circumstances, including filing status, income and age. Taxpayers can answer an online IRS quiz to determine if they need to file a tax return. Generally, taxpayers must file if their gross income exceeds $10,350 for single filers or $20,700 for married couples filing jointly. However, if the taxpayer is a dependent of another filer, the dependent will have a lower filing requirement that could kick in as low as $1,050 in unearned income or $6,300 for earned income.
Even if their income is below the filing threshold and the IRS does not require them to file, anyone earning income should consider filing a return. Students or others with part-time work should file a return to get a refund of all taxes withheld and/or to claim other tax benefits.
For example, if a high school student with an after-school job earned $4,000 in 2016, they would not have to file a tax return. However, if they had $150 in federal income taxes withheld from their paychecks, they could file a return to get a refund of that money. They may be due a refund of state taxes too.
Millions can file for free at H&R Block offices
In 2015, more than 23 million taxpayers filed a 1040EZ. Generally, a 1040EZ filer is a taxpayer who files single or married filing jointly, who does not pay mortgage interest or have other itemized deductions, has no dependents and earned less than $100,000 last year.
About H&R Block
H&R Block, Inc. (NYSE: HRB) is a global consumer tax services provider. Tax return preparation services are provided by professional tax preparers in approximately 12,000 company-owned and franchise retail tax offices worldwide, and through H&R Block tax software products for the DIY consumer. H&R Block also offers adjacent Tax Plus products and services. In fiscal 2016, H&R Block had annual revenues of over $3 billion with 23.2 million tax returns prepared worldwide. For more information, visit the H&R Block Newsroom.
New H&R Block Tax Pro Go is an innovative assisted tax prep gives clients upfront pricing, maximum refund and freedom, minus the trip to the office.
Uncover some of the tax mistakes millions of taxpayers are making so you don’t have to pay more than you already have to.
Discover how a mistake on a tax return led a taxpayer to enroll in H&R Block’s Income Tax Course where she learned how to prepare taxes like a professional.
Deciding who claims a child on taxes if not married, or if a married couple chooses to file separately, can be complicated.