Due to fluctuating COVID-19 conditions and volunteer capacity, the availability of in-person Tax-Aide services in local communities is subject to change on short notice. Through Tax-Aide, seniors also have the option to prepare their own taxes online with the help of a tax counselor or entirely on their own using free tax-filing software.
Are there any free tax preparation programs for the elderly?
IRS: Free Tax Return Preparation for You by Volunteers The IRS Volunteer Income Tax Assistance Program (VITA) and the Tax Counseling for the Elderly (TCE) Programs offer free tax help for taxpayers who qualify.
What can I claim on my tax return as a senior?
As a senior, you may be eligible for benefits and credits when you file your return, such as the: If you owe money this year, you may be able to claim credits that will lower what you owe at tax time. For example, you may be able to claim the: Also, you may be able to take advantage of pension income splitting.
What to look for in a tax preparer?
Choose a trusted preparer. Taxpayers entrust vital personal data with the person preparing their tax return, including Social Security numbers and information on income and investments. Review the tax return carefully before signing.
Who are taxassist accountants and what do they do?
TaxAssist Accountants provide a professional tax return service perfect for self-employed individuals, landlords, contractors, employees with secondary incomes or those with company shares. During the COVID-19 pandemic there is no reason why you should not be able to file your tax return.
Where can I find tax information for seniors?
Visit the IRS’ Tax Information for Seniors & Retirees site for tax answers that apply specifically to older adults and retired individuals. There are Area Agencies on Aging (AAAs) serving seniors in communities across the United States.