Free \;tax \;preparation assistanc e will be available February 5 &ndash\; April 15\, 2025 for low-to-moderat e income Montgomery County \;taxpayers with special attention to older adults. Trained volunteers through the AARP Foundation \;Tax-Aide&nbs p\;Program will provide services at Davis Library.
\nServices are by appointment only\; book by March 2\, 2025 to guarantee availability. Sche duling for \;tax \;appointments will open on January 27\, 2025 and can be made online at \;www.taxaidemc.info \;or by calling 240-77 7-2577 (phone lines open Monday &ndash\; Friday from 9am-4pm).
\nQue stions about this program? \;Contact the branch at 240-777-0922.
\n\;
\nWHAT 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 individual on your return.
â— Photo I.D. required for all \;taxpayers.
â— Void
check or documentation of bank routing number and account number if you wa
nt to direct deposit any refund(s)into your bank account.
â— All
letters or other documentation received from IRS concerning your 2023&nbs
p\;tax \;return\, issuance of an IRS Identity Protection PIN\, or any
other correspondence.
\;
\nIncome
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
\;\n
Payments
â— All forms and canceled checks indicating fede
ral and state income \;tax \;paid (including quarterly estimated&n
bsp\;tax \;payments)
\;
\nDeductions
Most
\;taxpayers have a choice of taking either a standard deduction or itemizi
ng their deductions. If you have a substantial amount of deductions\, you
may want to itemize. You will need to bring the following information:
â— 1098 Form showing any home mortgage interest
â— A list
of medical/dental expenses (including doctor and hospital bills and medic
al insurance premiums)\, a list of prescription medicines\, costs of assis
ted living services\, and bills for home improvements such as ramps and ra
ilings for people with disabilities
â— Summary of contributions
to charity
â— Receipts or canceled checks for all quarterly or o
ther paid \;tax
â— Property \;Tax \;bills and proof
of payment
â— Please note: If you itemized last year\, bring all
the information on the deductions listed above this year. Although the st
andard deduction has increased under the new \;tax \;law\, it may
be advantageous to itemize to minimize both federal
and Maryland
\;taxes.
\;
\nHealth Insurance
â— 1095A Forms
if you purchased insurance through the Marketplace (Exchange)
&nb sp\;
\nCredits
â— Dependent care provider information (nam
e\, employer ID\, or Social Security number)
â— 1098-T and 1098-
E Forms (Tuition and Student Loan Interest)
â— Along with 1098-T
\, bring Student account statement for the year - downloaded from the Burs
ar's Office
Don't have a card right now? \; No worries! \; Find out how to \;Get a Library Card.
\n\nAccommod ation Requests
\nPeople who are Deaf or Hard of Hearing sho uld request \;English-language captioning or sign-langua ge interpretation \;at least five days before the library -sponsored program they plan to attend. Contact the Assistant Facilities a nd Accessibility Program Manager at 240-777-0002 with all other accommodat ion requests.
\ncm 1.1 01/03/2023
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