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Jill Russo Foster

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It is tax time.  Are you ready?

Here are a few things you need to know:

2021 IRS tax deadlines:

January                                15 Final estimated tax payment due for 2020

15 IRS Free File service opens

19 IRS Free File for military families opens

February                               12 IRS begins to process 2020 tax returns

April                                       15 Deadline to file your 2020 taxes

15 First estimated tax payment due for 2021

June                                       15 Second estimated tax payment due for 2021

September                            15 Third estimated tax payment due for 2021

October                                 15 IRS deadline for extended 2020 tax returns

You may be able to get your taxes prepared for free AND from a reputable source.

There’s help if you’re a senior or have a low to moderate income.

Go to www.IRS.gov to find information on the VITA program (Volunteer Income Tax Assistance), the TCE Program and AARP Tax-Aide.

There you can learn

  • If you qualify for the program
  • What to do bring to the meeting
  • Locations near you

You don’t have to be afraid to use these services. The tax preparers at these programs are certified volunteers who work under a qualified supervisor.  The location near me is at the local community college and is supervised by a CPA and Chair of the Accounting Department.

Each location will have different hours, so check before you make the trip. Some will take appointments and some are walk-in only.

If you qualify, you may save yourself a few hundred dollars. You’ll get the work done at no cost to yourself and a trained preparer can catch details that might net you a bigger return.

 

Comments

  1. Gary Wasik says

    February 12, 2021 at 2:07 pm

    Your messages consistently get cut off of n the right margin. Is there anything that can be done about that?

    Reply

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