Tax help available this tax season
The tree is out by the curb and all the decorations are stored. Now it’s time to pull out the receipts because it’s tax season.
The Volunteer Income Tax Assistance program begins in High Point on Jan. 30 at three locations in the city.
A collaborative effort between the city and the United Way of Greater High Point, the program provides tax preparation assistance for individuals approved by IRS standards.
VITA generally offers free tax help to people who earn $51,000 or less and need assistance in preparing their own tax returns. IRS-certified volunteers provide free basic income tax return preparation with electronic filing to qualified individuals in local communities. They can inform taxpayers about special tax credits for which they may qualify such as Earned Income Tax Credit, Child Tax Credit and Credit for the Elderly or the Disabled.
Last year the VITA program in High Point served 325 people who received a total of $425,126 in federal returns and $186,284 from the EITC.
“We expect an increase (of participants) this year just because of the economy,” said Alisha Doulen, community development specialist with the Community Development and Housing department of the city. “We’re looking to do upwards of 400 this year.”
A single parent who earned less than $45,060 or a married couple filing jointly who earned less than $50,270 with three or more qualifying children can receive an EITC up to $5,891. A single parent who earned $41,952 or less or a married couple filing jointly who earned $47,162 or less can receive up to $5,236. A single parent or married couple with one child can receive up to $3,169 if they make less than $36,920 or $42,130 respectively.
A worker who is not a parent can also receive an EITC of up to $475 if he or she earned $13,980 or a married couple earned $19,190.
The program is still accepting volunteers. A training session for volunteers will be held at 10 a.m. on Saturday at the Community and Neighborhood Development Center at 201 Fourth St. Interested volunteers should call 883-3247 to sign up for the session.
The Volunteer Income Tax Assistance Program kicks off Jan. 30 at the following locations:
• Macedonia Family Resource Center, 401 Lake Ave.
Mondays and Wednesdays 5-7:30 p.m.
• Community & Neighborhood Development, 201 Fourth St.
Tuesdays and Thursdays 5-7:30 P.M.; Saturdays 10 a.m.-1 p.m.
• West End Community Center, 903 English Rd.
Fridays 3 - 5:30 p.m.
For more information, call Jerry Mingo at 883-3041