It’s time to file your taxes and when it comes to choosing a place to have them done, you have a lot of options. More people are opting to do their own taxes online. Not only has filing online gotten easier, but it is often cheaper than paying someone else to do them.

Cheap is always good, but free is better. You don’t have to spend hundreds of dollars getting your taxes filed and you don’t have to spend hours online trying to find the best deal. IRS.gov is allowing many people to file for free.

That’s right, if you make less than $58,000, you can visit the IRS.gov website and file your taxes online for free. If you’ve never done your own taxes before, don’t worry. It’s a fairly simple process and all you have to do is answer a few questions and enter your W2 information.

The Free File Alliance has partnered with IRS.gov to make the free tax filing possible. You can choose from a variety of tax software companies that are working with the Free File Alliance.

The Free File Alliance has been working with the IRS since 2003 to help make tax filing more affordable, especially to those who are in lower income brackets. The alliance is hoping that they will be able to assist over 70% of all Americans with their tax preparations and help make the task easier and more affordable.

What do you think of this free filing option and do you prefer to do your own taxes or have them done by a professional?

Image via Wikimedia Commons.