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Market
Will IRS Direct File be used by 5 million Americans in 2025?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
IRS official reports and press releases
Story
IRS Direct File Expands Nationwide for 2025 Tax Season
Jun 2, 2024, 06:08 PM
The Internal Revenue Service (IRS) is expanding its IRS Direct File program that allows Americans to file their taxes directly with the agency for free. This service will now be available in all 50 states and will become a permanent option after a successful trial run last tax season. The Biden administration announced that the free online filing service will be ready for the 2025 tax season. In a pilot program in Nevada, 4,076 Nevadans saved $163,040 and received $2.7 million in returns. This initiative is seen as a huge step forward in simplifying the tax filing process and reducing intermediary costs.
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