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Volunteer Income Tax Assistance

 

Interested in having your tax return prepared for free?

Call 2-1-1 and ask for information on the Best Coalition!

The Earned Income Tax Credit (EITC) is a special credit for lower income workers to reduce their federal income tax.  Those who qualify will owe less and may be eligible for a larger refund.  If you worked during 2014 and your household income was less than the figures in the table below, you may be eligible for a significant refund -- in some cases, more than $6,100!  






FREE Tax Preparation!


The BEST Coalition hosts a number of IRS Volunteer Income Tax Assistance (VITA) sites across the Dan River Region to help you have your taxes prepared for FREE. With the help of trained, IRS-certified volunteers, BEST VITA sites offer free tax preparation and electronic filing for families making less than $53,000. In addition to tax preparation, VITA volunteers inform taxpayers of special tax credits for which they may qualify and community resources that could be of assistance.

Most BEST VITA sites operate by appointment only and taxpayers are asked to call ahead to schedule appointments.

Items you need to bring to the VITA/TCE sites to have your tax returns prepared:

*  Valid picture ID for taxpayer and spouse

*  Spouse must be present if married filing joint

*  A social security card for each family member

*  Birthdates for taxpayer, spouse and all
   dependents

*  W-2 forms for all jobs worked in 2014

*  All 1099 forms for other income 1099-SSA,
   1099-R 1099-MISC,  1099-INT, 1099-DIV,
   1099-G, etc.

*  Education expenses 1098-T and Student Loan
   Interest

*  Child care provider name, address, and tax ID

*  Home mortgage interest, real estate taxes,
   medical expenses &  charitable contributions

*  Any other tax related documents received

*  A copy of last year’s tax return, if available

*  Proof of Health Insurance

*  Bank account information for direct deposit



How do I qualify for the
Earned Income Tax Credit?

Earned Income and adjusted gross income (AGI) must each be less than:

  • $46,997 ($52,427 married filing jointly)                                        with three or more qualifying children
  • $43,756 ($49,186 married filing jointly)                                        with two qualifying children 
  • $38,511 ($43,941 married filing jointly)                                        with one qualifying child 
  • $14,590 ($20,020 married filing jointly)                                      with no qualifying children

Tax Year 2014 maximum credit:

  • $6,143 with three or more qualifying children
  • $5,460 with two qualifying children
  • $3,305 with one qualifying child
  • $   496 with no qualifying children

Investment income must be $3,350 or less for 2014.