But it could be a few years before such a program is up and running, and the government expects intense pushback from private tax filing companies. The IRS has said its program will be offered to a limited number of people next year to gather information on creating a free online system for federal tax forms. What happens in Minnesota will depend on the success of the federal pilot, Youakim said. "It also enables folks to catch their mistakes if the system is intuitive." "It's actually more secure than sending paper in through the mail," Youakim said. More than two million Minnesota taxpayers used electronic software to file their taxes in 2022, according to the Department of Revenue. Some people qualify for free electronic filing, depending on their income level. It costs up to $129 to do your own taxes using TurboTax software, and as much as $409 for the company to do your taxes for you. The money must be used before July 1, 2027.Ĭurrently, Minnesotans can fill out paper forms provided by the state to file their individual income taxes each year, or they can pay a private company to use online tax filing software. It also puts $5 million of one-time money into a new account to "modernize the state process for filing individual income tax returns," including the development and implementation of free state filing options for the individual income tax. A report is due to the Legislature in January. The new law requires the Department of Revenue to survey different tax preparation software vendors about developing a system, including security concerns and potential customer service costs to the state. Cheryl Youakim, DFL-Hopkins, who has carried the bill for years. "If we're asking for people to pay their taxes we should make it as easy as possible," said state Rep. The proposal, which circulated at the Capitol for years, was given a late-session boost by the Internal Revenue Service, which announced its own pilot project to explore free online tax filling at the federal level. Legislators tucked more than $5 million into a massive $3 billion tax package signed into law to potentially develop a free online tool for Minnesotans to fill out their state income taxes. Please note that product limitations may impact your filing, check with your prospective provider to review limitations and supported forms/schedules before filing.Minnesotans might one day be able to ditch paper tax forms and the sometimes costly filing software from private companies. Information for Tax Preparers and Software DevelopersĪuthorized e-file tax software companies for TY2022 Individual Income Tax as of When you find a preparer to electronically file your DC return, remember that you must file your federal return electronically at the same time. Many local tax preparation services participate in DC E-File. Electronically filed returns provide a variety of advantages, including a shorter refund turnaround time and electronic acknowledgment of receipt of your return. The term "federal/state" means that the DC return is transmitted with the federal return to the IRS.
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