But doing your taxes remains an overly complicated prospect for many people.Īmong other concerns, many taxpayers are unsure if they can file for free or need to pay to do their taxes, and if there's a cost involved it's often unclear which tax-filing product is best for their needs and offers the best value. And the introduction of an "easier" new W-4 form for the 2020 tax year is aimed are alleviating some of the confusion regarding withholdings and other issues. The IRS has also promised this year that it will be simpler to figure out how to file taxes for free. This year, because of the coronavirus pandemic, the deadline for filing taxes has been pushed back: Instead of being April 15 like usual, Tax Day is now July 15. After a highly unusual day, the deadline to file taxes is nearly here.
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