VITA/TCE Tax Prep

TO HAVE YOUR TAXES PREPARED, BRING:

IDENTIFICATION:

· Social Security Cards of ITIN Letters for EVERYONE who will be included on the return

· Photo ID for ALL tax return signers (BOTH spouses must sign if filing jointly)

INCOME:

· W-2s for wages, W-2Gs for gambling income

· 1099s for interest, dividends, unemployment, state tax refunds, pension or 401-K distributions, and other income

· Records of revenue including cash from self-employment and side hustles

EXPENSES:

· 1098s for mortgage interest, student loan interest (1098-E), or tuition (1098-T), statement of property tax paid

· Statement of college student account showing all charges and payments for each student ton the return

· Childcare receipts, including tax ID, phone number, and address for childcare provider

· Records of expenses for self-employment, home-based businesses, and/or side hustles

OTHER DOCUMENTATION:

· Checking or Savings account information for direct deposit/direct debit

· 1095-A showing marketplace insurance

· Last year’s tax return, if available

PLEASE NOTE: The IRS defines the scope of work that is prepared at VITA. If your return is considered “out of scope” for this site, our VITA Volunteers will not be able to prepare your return.

OUT of SCOPE:

• CANNOT prepare the return if reporting Cryptocurrency

• CANNOT prepare the return if a Depreciation schedule is required or a Schedule F (Farm) is required

• CANNOT prepare the return if self-employed:

• Has a net loss

• Has self-employed, SEP, SIMPLE, or qualified retirement plans

• Has more than $35,000 in expenses

• Has employees

• CANNOT prepare a return with casualty or theft losses

SITE May Be Able to Prepare:

• MAY be able to prepare a return with Schedule E (rental income) or Schedule K-1 (partnership or trust income)

• MAY be able to prepare a return with income from dividends, capital gains, or minimal brokerage transactions

• MAY be able to prepare multiple state returns