Even without access to Direct File since I wasn't in a pilot state, I've been using the IRS' "Free Fillable Forms" for the last few years and they've worked great! They don't hold your hand as much as the paid software but for my returns they've been more than adequate and free!
Does anyone know how "Direct File" differs from the "Free Fillable Forms"? Does it hold your hand a little more and help you find credits/deductions? Free Fillable Forms worked well, but only so long as I knew what I needed to file. New circumstances, like adding a dependent, lead to a lot of research.
Now if we could do like other countries and just have the government send a pre formatted document of things like wages, dependents, and other taxable items so we all know what we owe because the government has all that information already. Add what you need as far as write offs or other income and send it back. Done. None of this collection of tons of different forms, figuring out what percent you can write off, etc. and submitting it all hoping you don’t get it wrong and get audited or owe fines and interest.
As a tax accountant, I sincerely hope this gets to a point where a vast majority of the population has no need for my services.
I used to play in the big leagues where none of my clients would ever qualify for this and their returns routinely took upwards of a hundred hours to complete. Those guys need to keep paying.
Now I play down in the minors a couple steps above the Block, and I hate seeing the owner sell these three or four hundred dollar returns that might take me an hour to complete in the first year and maybe thirty minutes in subsequent years.
They have all the info, so this shouldn’t even be necessary. They should be able to just send me a tax bill/refund with the break down automatically. If I want to dispute it, then I’d have to pay the big bucks to get fancy accountants to dispute. Otherwise it should just be one less thing vast majority of the people would ever have to worry about.
Won't SOMEBODY think of the poor, poor monopolists who so far made their money exploiting the alternativeless victims at their mercy? Why would their prey give them way too much money now, eh? Socialism! Terrorism! All the bad words, what's in right now? Woke? DEI?
I tried to use it and it wouldn’t work for me. Got halfway through the process and asked some question about me that seemed basic, but resulted in me not being able to use it.