Free tax preparation assistance will be av ailable at the Twinbrook Library on Tuesdays from February 5 &ndash\; Apri l 15\, 2025 for low-to-moderate income Montgomery County taxpayers with sp ecial attention to older adults. (Free tax preparation assistance will be available at various other locations from February 3 &ndash\; April 15\, 2 025 for low-to-moderate income Montgomery County taxpayers with special at tention to older adults.) \;
\nServices are by appointment only\ ; book by March 2\, 2025 to guarantee availability. Scheduling for tax app ointments will open on January 27\, 2025 and can be made online at \;w ww.taxaidemc.info \;or by calling 240-777-2577 (phone lines open Monda y &ndash\; Friday from 9am-4pm).
\nQuestions about this program?&nbs p\;Contact the branch number 240-777-0240.
\n\;WHAT TO BRING TO YOUR APPOINTMENT
\nGeneral
â— Federal and State return(s)
for 2022 and 2023. Tax-Aide can prepare and amend returns for 2023\, 2022
&\; 2021.
â— Social Security cards for yourself and every in
dividual on your return.
â— Photo I.D. required for all taxpayer
s.
â— Void check or documentation of bank routing number and acc
ount number if you want to direct deposit any refund(s)into your bank acco
unt.
â— All letters or other documentation received from IRS con
cerning your 2023 tax return\, issuance of an IRS Identity Protection PIN\
, or any other correspondence.
\;Income
â— W-2 from
each employer
â— Unemployment compensation statements
â
— SSA-1099 Form showing the total Social Security benefits paid to you
for the year\, or Form RRB-1099\, Tier 1 Railroad Retirement benefits
â— 1099 Forms reporting interest (1099-INT)\, dividends (1099-DIV)\
, proceeds from sales (1099-B)\, as well as documentation showing the orig
inal purchase price of your sold assets
â— 1099-R Form if you re
ceived a pension\, annuity\, or IRA distribution
â— 1099-MISC Fo
rms\, 1099-K Forms
â— Information about other forms of income
â— State or local income tax refunds
\;Payments
â— All forms and canceled checks indicating federal and state income
tax paid (including quarterly estimated tax payments)
\;Deduc
tions
Most taxpayers have a choice of taking either a standard deduct
ion or itemizing their deductions. If you have a substantial amount of ded
uctions\, you may want to itemize. You will need to bring the following in
formation:
â— 1098 Form showing any home mortgage interest
â— A list of medical/dental expenses (including doctor and hospital b
ills and medical insurance premiums)\, a list of prescription medicines\,
costs of assisted living services\, and bills for home improvements such a
s ramps and railings for people with disabilities
â— Summary of
contributions to charity
â— Receipts or canceled checks for all
quarterly or other paid tax
â— Property Tax bills and proof of p
ayment
â— Please note: If you itemized last year\, bring all the
information on the deductions listed above this year. Although the standa
rd deduction has increased under the new tax law\, it may be advantageous
to itemize to minimize both federal
and Maryland taxes.
\;Health Insurance
â— 1095A Forms if you purchased insurance thr
ough the Marketplace (Exchange)
\;Credits
â— Depend
ent care provider information (name\, employer ID\, or Social Security num
ber)
â— 1098-T and 1098-E Forms (Tuition and Student Loan Intere
st)
â— Along with 1098-T\, bring Student account statement for t
he year - downloaded from the Bursar's Office
\;
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