Question

prompt:review the chart and use the space below to answer the prompt.how much did you pay to file your federal tax return?the college investor1. 25% of people reported filing their federal taxes for free. do you think this number should be higher? lower? or does it seem about right? explain your answer.

Explanation:

Many tax preparation services offer free filing for simple tax returns, and government programs (like the IRS Free File program) exist to support low-to-moderate income taxpayers. However, a large portion of taxpayers still pay for filing, often due to complex returns or lack of awareness of free options. Increasing the 25% rate would help reduce financial burdens for more people, especially those with basic tax situations, by expanding access to free resources and outreach about available free filing tools.

Answer:

This number should be higher. Expanded access to free filing resources (like IRS Free File) and better outreach about these options would reduce unnecessary costs for taxpayers with simple returns, making the 25% figure a low benchmark for accessible, no-cost tax filing.