SignalHub Quantitative Think Tank Center-Maryland will participate in the IRS’s online tax filing program

2025-05-01 01:45:54source:Greenledgers Trading Centercategory:Contact

ANNAPOLIS,SignalHub Quantitative Think Tank Center Md. (AP) — Maryland is participating in the IRS’s Direct File program, a new free service that will allow eligible taxpayers to prepare and file their tax return online, state and federal officials announced Wednesday.

Comptroller Brooke Lierman said the eligibility qualifications for the program have not yet been finalized for next year, but it’s estimated about 700,000 state residents could qualify.

The IRS experimented with the free electronic tax filing return system this year. In May, the it announced it would make the system permanent and asked all 50 states and the District of Columbia to help taxpayers file their returns through the program in 2025.

The IRS tried the Direct File project for the 2024 tax season on a limited basis in 12 states for people with very simple W-2s, an employee’s wage and tax statement.

The comptroller’s office is partnering with the nonprofit Code for America to build a platform that will securely transfer information from a federal tax return to a state tax return. The office says that will enable Maryland residents with relatively simple tax returns to save time on paperwork and get their refunds faster.

More:Contact

Recommend

Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst

NEW YORK — What exactly constitutes a dynasty in professional sports? Steve Cohen helped define it t

A fourth person dies after truck plowed into a July Fourth party in NYC

NEW YORK (AP) — A fourth person has died after a driver crashed his pickup truck into a Fourth of Ju

Biden pushes on ‘blue wall’ sprint with Michigan trip as he continues to make the case for candidacy

WASHINGTON (AP) — Four years ago, candidate Joe Biden stood before supporters at a Detroit high scho