Accounting Students Provide Free Tax Return Assistance

NC State Poole College of Management accounting students are again providing free online tax return assistance for NC State students and faculty using the MyFree Taxes website.

You will need to create an account and it is recommended to choose the “By myself” option on the welcome page before proceeding. If possible, please create an account before attending any of the virtual sessions offered below.

Eligibility

The service is a free, safe and easy way for anyone earning less than $73,000 to file their federal and state tax forms online, prior to the April 18 deadline. The Poole College students have been certified to provide this help through the Internal Revenue Service’s Volunteer Income Tax Return (VITA) program.

The VITA team cannot prepare the 1040s or assist with the preparation of 1040NR (nonresident aliens) returns.

VITA Sessions Schedule:

Four Zoom sessions have been scheduled and no registration is required. You may join at any time while these are being offered and ask questions:

• Saturday, March 12, 10 a.m. – 12 p.m. 
  Zoom Link
  Passcode: 821647

• Tuesday, March 15, 6 – 7 p.m.
  Zoom Link
  Passcode: 967638

• Saturday, March 26, 10 a.m. – 12 p.m.
  Zoom Link
  Passcode: 388488

• Wednesday, March 30, 6 –7 p.m.
  Zoom Link
  Passcode: 528160

Documents Needed

The following is a non-exhaustive list of the typical information and documents needed in order for you to prepare your 2021 personal income tax return:

• Current mailing address
• Social Security number(s) for you, your spouse and dependents (if applicable)
• Birth dates for you, your spouse and dependents on the tax return
• Wage and earning statements (Forms W-2, W-2G, 1099-R, 1099-Misc) from all employers
• Interest and dividend statements from banks (Forms 1099)
• All Forms 1095, Health Insurance Statements
• Health Insurance Exemption Certificate, if received
• A copy of last year’s federal and state returns, if available
• Proof of bank account routing and account numbers for direct deposit such as a blank check
• Total paid for daycare provider and the daycare provider’s tax identifying number such as their Social Security number or business Employer Identification Number
• Forms 1095-A, B or C, Affordable Health Care Statements
• Copies of income transcripts from IRS and state, if applicable
• Form 1098-T for scholarship and education tax benefits
• University statements including tuition paid for the year, scholarships received and receipts for books and other required educational expenses.

Questions?

Please direct any questions and media inquiries to Brian Jesinkey, accounting lecturer in the NC State Poole College of Management, at bejesink@ncsu.edu. 

This post was originally published in Poole College of Management News.