Free File Fillable Tax Forms

DEFINITION of 'Free File Fillable Tax Forms'

Electronic versions of tax forms, first posted by the IRS in 2009, to allow taxpayers, regardless of their income, to file their taxes online at no cost. Free file fillable tax forms are meant to speed up the process of receiving refunds, and minimize errors in filing. Taxpayers file their tax returns by accessing the forms on the IRS' website, entering their tax data, and then signing and filing electronically.

BREAKING DOWN 'Free File Fillable Tax Forms'

Free file fillable tax forms, are digital versions of the hard-copy forms, and are designed for advanced users that know which forms are needed to be used. Unlike many commercial tax preparations software packages that also allow taxpayers to file online, these forms do not have a step-by-step interview to ensure that every deduction and credit is taken advantage of.

RELATED TERMS
  1. IRS Publication 501

    A document published by the Internal Revenue Service that covers ...
  2. Tax Return

    1. The tax form or forms used to file income taxes with the Internal ...
  3. 1040 Form

    The standard Internal Revenue Service (IRS) form that individuals ...
  4. IRS Publication 17

    A document published by the Internal Revenue Service that outlines ...
  5. IRS Form 4868

    An IRS form that must be submitted by individuals who wish to ...
  6. Substitute Return

    A tax filing that the IRS will create for a taxpayer in order ...
Related Articles
  1. Taxes

    How & Where to File Form 1040 (And Which Version)

    All taxpayers need to know three things when filing a 1040: which form to use, how to file and where to file. After reading this, you'll know all three.
  2. Savings

    Explaining Tax Returns

    A tax return is the form or forms used to file income taxes with the IRS.
  3. Taxes

    What's IRS Form 1040 For?

    Most U.S. taxpayers will be familiar with the 1040. By the end of filling it out, you'll know how much tax you owe, or what your refund is.
  4. Taxes

    Late with Your Taxes? Grab IRS Form 4868

    Fill out this form to get a few more months to file your tax return. But remember, April 15 is still the payment due date if you owe taxes.
  5. Taxes

    6 Tax Forms for Investors Who Have Money Abroad

    If you're a U.S. citizen or resident, and you own assets in other countries, you might need to file these six forms with the government.
  6. Taxes

    Missed the Tax Return Deadline? Here's What to Do

    Most important: Do it now.
  7. Taxes

    6 Sources For Free Tax Help

    From community-based services to free software, there are many free resources to help with your taxes.
  8. Taxes

    Is Your Online Tax-Prep Service Secure?

    News that even IRS-approved online tax-prep companies can fail a cybersecurity test is worrying. Here are steps to keep your personal tax data safe.
  9. Taxes

    Next Season, File Taxes On Your Own

    Master these fundamentals and you'll be doing your own taxes with minimal stress.
  10. Taxes

    Get a 6-Month Tax Extension

    Discover how to get some extra time from the IRS, without paying a hefty penalty for the privilege.
RELATED FAQS
  1. How do I use the IRS Free File tax forms?

    Free File is a way for taxpayers to prepare and file their federal taxes online for free. The service is available to individuals ... Read Answer >>
  2. What is the difference between federal and state withholding tax?

    Discover whether you can file your taxes by yourself. The three main options for tax preparation are a tax professional, ... Read Answer >>
  3. Does everyone have to file a federal tax return?

    This may come as a surprise to many individuals, but not everyone needs to file a federal tax return. According to the IRS, ... Read Answer >>
  4. What’s the difference between IRS Forms 1040 and 1040EZ?

    Though very similar, the differences between the 1040 and 1040EZ Forms are significant when it comes to filing your tax return. ... Read Answer >>
  5. Do I need to file an income tax return every year?

    Understand if a person needs to file a tax return every year. Learn the benefits of filing a yearly income tax return even ... Read Answer >>
  6. What's the difference between a tax rate and a tax bracket?

    These two terms are often incorrectly used interchangeably. Find out the difference between your tax rate and your tax bracket. ... Read Answer >>
Hot Definitions
  1. Labor Market

    The labor market refers to the supply and demand for labor, in which employees provide the supply and employers the demand. ...
  2. Demand Curve

    The demand curve is a graphical representation of the relationship between the price of a good or service and the quantity ...
  3. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  4. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  5. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  6. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
Trading Center