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You May Be Eligible to File Your Federal Taxes for Free

After an extension, federal taxes are due on Wednesday, July 15th. If you typically dread tax season during a ‘normal’ year, you might be finding yourself more anxious this year, given the impact that COVID-19 has had on personal finances for millions of Americans. 

Although Qapital members have stepped up their emergency savings during the pandemic, many may still struggle to pay their 2019 taxes, especially if their earnings have taken a dive in 2020. A great way to reduce expenses is to file your federal taxes for free – thereby potentially saving hundreds of dollars, depending on your income. 

‘Free’ might sound too good to be true, but bear with us. If you can answer ‘yes’ to one or more of the questions below, you may be eligible to file your taxes for no charge:

  • Was your adjusted gross income in 2019 below $59,000?
  • If you were active duty military in 2019, was your adjusted gross income below $69,000?
  • Did you qualify for the Earned Income Tax Credit (EITC) in 2019? (Hint – this depends on your income and number of qualifying dependent, minor children) 
  • Are you 51 or younger?


Here’s a list of verified, trusted resources to file your taxes for free online by July 15, 2020:


If you were planning on filing your federal taxes this weekend, we hope the resources above make it a little easier.

Bonus tip: Did you know you could pay your taxes using your Qapital Debit Card? Once you’ve calculated how much you need to pay, initiate a transfer in that amount from your checking account to your Qapital Spending Account no later than Sunday, July 12th, then make a payment with your Debit Card.


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The materials and content on this page, on the Qapital app and Qapital website are opinions for informational and educational purposes only and are not intended to be tax, personal financial planning, investment or financial advice. Please consult a licensed qualified professional about your personal situation.

Dana Oren