What are prepopulated tax returns? Q.What are prepopulated tax returns? A.Advancements in technology, greater availability of third-party information, and tax simplification have enabled tax authorities in many countries to “prepopulate” taxpayers’ returns—that is, the tax authorities at least partially complete tax returns before transmitting the forms to taxpayers. In the United States, however, the IRS does not prepopulate tax returns. Read more about What are prepopulated tax returns?
What is Direct File? Q.What is Direct File? A.Like the Free File program, a direct file program would provide taxpayers with access to free software that would prepare and electronically submit their returns to the IRS. But, unlike the Free File program that operates through private companies, a direct file program would be developed and run by the IRS. Read more about What is Direct File?
Could the United States adopt a prepopulated tax return system? Q.Could the United States adopt a prepopulated tax return system? A.The IRS could prepopulate tax returns for many taxpayers but at some risk to taxpayers (those whose refunds would be delayed) and to the IRS (if noncompliance rises). Read more about Could the United States adopt a prepopulated tax return system?