The Treasury Department and IRS just finished their first test run of a free, online tax filing system known as “Direct File,” and they’re out with some stats today.
The pilot ran in 12 states, where 140,803 people filed their taxes using Direct File this spring at a cost of about $13 million for tech and operations, the IRS and Treasury announced. The tool saved taxpayers $5.6 million in tax preparation fees on federal tax returns, according to their estimate.
Presented by Apollo Global Management
America’s economic growth requires bold investment. Apollo is investing in American companies to help them hire, grow and build for the road ahead. Learn more.
Presented by Apollo Global Management
Over the next decade, over $75 trillion is needed to modernize US industries. Apollo is stepping up with investments to power infrastructure, energy and technology for America’s next chapter. Learn more.
