How to File Taxes in 2014 Fast and Free

The year is just about over, and smart taxpayers are already contemplating how they can get their refunds as quickly as possible. But in looking for information on how to file taxes in 2014, many people aren't aware of a little-known strategy that gives many taxpayers access to tax preparation help and electronic filing at little or no charge.

In the following video, Dan Caplinger, The Motley Fool's director of investment planning, looks at the Free File Alliance program as one answer for how to file taxes in 2014. Dan notes that for those making income under a certain level -- $58,000 last year -- assistance is available at no cost. Moreover, even those earning above those limits can still use Free-File forms to prepare their own returns. Dan points out that a wide variety of preparation services participate in the program, including Intuit's (NASDAQ: INTU  ) TurboTax, H&R Block (NYSE: HRB  ) , Blucora's (NASDAQ: BCOR  ) TaxAct, and the Liberty Tax service from JTH Holding (NASDAQ: TAX  ) . Dan concludes that using the Free File Alliance can make it a lot easier for taxpayers deciding how to file taxes next year and in the future as well.

Get tax-smart for 2014
Know how to file taxes in 2014 the smartest way possible is just one way to spend less of your time and money dealing with tax issues. In our brand-new special report "How You Can Fight Back Against Higher Taxes," The Motley Fool's tax experts run through what to watch out for in doing your tax planning this year. With its concrete advice on how to cut taxes for decades to come, you won't want to miss out. Click here to get your copy today -- it's absolutely free.

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  • Report this Comment On December 21, 2013, at 9:55 PM, RLLH wrote:

    And of course AARP offers free preparation and E-filing of taxes with no income limit for most taxpayers.

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