OSWEGO, NY Ã¢â‚¬â€œ The Housing Visions Program and the United Way of Greater Oswego County invites eligible families to take advantage of free tax preparation and learn more about the eligibility for, and the benefits, of the Earned Income Tax Credit program.
A federally funded, anti-poverty initiative, the EITC helps working families with children increase their financial stability as it reduces taxes for workers, supplements wages and has the potential to provide seniors and low-income families with some much needed extra money.
To help as many people as possible take advantage of the EITC program eligible families can receive free tax preparation each Tuesday in February at Hamilton Homes, 96 Hamilton St., from 4 to 7 p.m. in the community room.
Students from the SUNY Oswego Volunteer Income Tax Assistance program will be providing the free tax preparation.
For the convenience of those attending, childcare will be provided on site courtesy of AmeriCorps worker Becca Tetro and dinner will be provided compliments of Kathy Alibrandi and the Housing Visions Program.
Requirements for taxpayers to be eligible to receive the EITC include the following:
Filing a 2009 income tax form, have 3 children living with you and earned $43,279 or less ($48,279 married filing jointly).
Filing a 2009 income tax form, have 2 children living with you and earned $40,295 or less ($45,295 married filing jointly).
Filing a 2009 income tax form, 1 child living with you and earned $35,463 or less ($40,463 married filing jointly).
Filing a 2009 income tax form, with no children living with you and earned $13,440 or less ($18,440 married filing jointly).
Taxpayers wishing to take advantage of this free tax preparation should bring the following information with them to the counseling site:
Last yearÃ¢â‚¬â„¢s completed tax forms, W-2s, and 1099s.
Unemployment compensation statements.
All forms indicating federal income tax paid (i.e. estimated tax payments).
Dependent care provider information – name, employer, ID Social Security number, amount spent for services.
All receipts or cancelled checks if itemized deductions.
Social Security or individual identification cards for you, your spouse and dependents.
If you are a homeowner, bring your property tax receipts for year 2009.Ã‚Â This year there is a special increase to your standard deduction because of paying property tax.
For more information, call the United Way at 593-1900.