AARP Foundation \;Tax-Aide will provid e free tax preparation assistance on Thursdays and Saturdays at Long Branc h Library from February 6 &ndash\; April 12\, 2025.
\nServices will be be available for low-to-moderate income Montgomery County taxpayers wit h special attention to older adults. \;
\nFree tax help is by appointment only\; book by March 4th\, 2025 to guarantee availability.
\nScheduling for tax appointments will open on January 27\, 2025 and can be made online at \;www.taxaidemc.in fo \;or by calling 240-777-2577 (phone lines open Monday &ndash\; Friday from 9am-4pm). Schedule online for best availability. Librarians are available to assist on a limited basis.
\nQuestions about this progr am? \;Contact Long Branch Library at 240-777-0910.
\nWHA T TO BRING TO YOUR APPOINTMENT:
\nGeneral<
br />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 retu
rn.
â— Photo I.D. required for all taxpayers.
â— A voi
d check\, or documentation of bank routing number and account number if yo
u want to direct deposit any refund into your bank account.
â— A
ll letters or other documentation received from IRS concerning your 2023 t
ax return\, issuance of an IRS Identity Protection PIN\, or any other corr
espondence.
Income
â— W-2 from all empl
oyers
â— Any unemployment compensation statements
â— S
SA-1099 Form showing the total Social Security benefits paid to you for th
e year\, or Form RRB-1099\, Tier 1 Railroad Retirement benefits
â—
1099 Forms reporting interest (1099-INT)\, dividends (1099-DIV)\, proce
eds from sales (1099-B)\, as well as documentation showing the original pu
rchase price of your sold assets
â— 1099-R Form if you received
a pension\, annuity\, or IRA distribution
â— 1099-MISC Forms\, 1
099-K Forms
â— Information about other forms of income
â
— State or local income tax refunds
Payments< br />â— All forms and canceled checks indicating federal and state in come tax paid (including quarterly estimated tax payments)
\nDeductions
Most taxpayers have a choice of taking either a
standard deduction or itemizing their deductions. If you have a substantia
l amount of deductions\, you may want to itemize. You will need to bring t
he following information:
â— 1098 Form showing any home mortgage
interest
â— A list of medical/dental expenses (including doctor
and hospital bills and medical insurance premiums)\, a list of prescripti
on medicines\, costs of assisted living services\, and bills for home impr
ovements such as ramps and railings for people with disabilities
â
— Summary of contributions to charity
â— Receipts or cancele
d checks for all quarterly or other paid tax
â— Property Tax bil
ls and proof of payment
â— Please note: If you itemized last yea
r\, bring all the information on the deductions listed above this year. Al
though the standard deduction has increased under the new tax law\, it may
be advantageous to itemize to minimize both federal
and Maryland tax
es.
Health Insurance
â— 1095A Forms if
you purchased insurance through the Marketplace (Exchange)
Credits
â— Dependent care provider information (name\,
employer ID\, or Social Security number)
â— 1098-T and 1098-E F
orms (Tuition and Student Loan Interest)
â— Along with 1098-T\,
bring Student account statement for the year - downloaded from the Bursar'
s Office