Free Tax Return Preparation for Qualifying Taxpayers
“For hard-working New Yorkers struggling to make ends meet for their families, receiving the full potential of a tax refund is crucial.”
“The Financial Clinic is proud to offer one of the largest VITA tax preparation programs in New York City, offering free tax preparation to thousands of families each year with sites in Manhattan, Brooklyn, and Queens. Many of these families are eligible for the Earned Income Tax Credit, receiving on average more than $2,000, and now more than ever, we seek to ensure they receive the full amount they deserve.”
“In addition, our financial coaches and tax preparers help low-income New Yorkers maximize their savings at tax time by navigating available resources such as myRA retirement accounts and 529 college savings accounts.”
– Haidee Cabusora, Chief Program Officer, The Financial Clinic
What is VITA Tax Preparation Program?
The Volunteer Income Tax Assistance (VITA) program offers free tax help to people who generally make $54,000 or less annually. IRS-certified volunteers provide free basic income tax return preparation with electronic filing to qualified individuals.
How can I get ready to file next year’s taxes?
Don’t wait until tax time to think about your taxes. There are plenty of tax planning opportunities throughout the year. This worksheet will help you decode the tax credits and benefits that are buried in the return. Taxes are not as scary as you think!
What else can I do right now?
Check out their outreach corner for the following resources:
-Request a copy of last year’s tax return.
-Stay up to date with your tax payments.
-Avoid early withdrawals from 401ks.
-Take an active role in your community by volunteering to become a tax volunteer… and more!