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. 1040 Form

    The standard Internal Revenue Service (IRS) form that individuals ...
  3. Tax Return

    1. The tax form or forms used to file income taxes with the Internal ...
  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. Form 4506

    A tax form distributed by the Internal Revenue Service (IRS) ...
Related Articles
  1. Managing Wealth

    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. Taxes

    Explaining Tax Returns

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

    Should You File An Early Tax Return?

    When it comes to filing your taxes, it can often pay to wait until the deadline.
  4. 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.
  5. Taxes

    Tax Credits That Can Get You a Refund

    Here are a few of the credits that may result in a refund check, even if you owe no taxes this year.
  6. 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.
  7. 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.
  8. Taxes

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

    Most important: Do it now.
  9. Taxes

    Newlyweds? Tips For Filing Your Tax Return

    For many couples, it pays to file for taxes together. But what are some of the obstacles you should watch out for?
  10. Taxes

    6 Sources For Free Tax Help

    From community-based services to free software, there are many free resources to help with your taxes.
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. 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 >>
Hot Definitions
  1. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  2. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  3. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  4. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  5. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
  6. Cover Letter

    A written document submitted with a job application explaining the applicant's credentials and interest in the open position. ...
Trading Center