The IRS has officially opened the tax season for 2024 income, introducing an expanded Direct File program that allows taxpayers to file online for free with access to seven different tax credits. This upgrade includes a data import feature for convenience. Although tax law remains largely unchanged this year, experts note potential impacts on upcoming EV tax credits depending on future legislative priorities, signaling that tax strategies may need adjusting for financial planning purposes.
This year, the IRS is expanding its Direct File program, allowing more taxpayers to file online for free and claim seven different credits, enhancing accessibility.
San Diego tax attorney Adam Brewer noted that while tax law changes are minimal this year, potential shifts in EV tax credits could affect purchasing decisions.
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