Free tax preparation assistance by trained volunteers for low-to-moderate income Montgomery County taxpayers (specia l attention to SENIORS age 60+). \; By appointment only (book by March 3 to guarantee availability)! \; \;Self-schedule at www.taxaidemc.info or call 240-777-2577 (Monda y-Friday\, 9:00 am &ndash\; 4:00 pm) starting January 31\, 2023. \; Tr ansportation questions? Call 311 within Montgomery County for assistance.< /p>\n
Looking for more fun things \;to do at MCPL? \; \;https://mcpl.libnet.info/events< /p>\n
Don't have a card right now? \; No worries! \; Find out ho w to \;Get a Library Card.
\nWHAT TO BRING TO YOUR APPOINTMENT
General
â— Federal and State return(
s) for 2020 and 2021. Tax-Aide can prepare and amend returns for 2022\, 20
21 &\; 2019
â— Social Security cards for yourself and every i
ndividual 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 2020 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 t
o you for the year\, or Form RRB-1099\, Tier 1Railroad Retirement benefits
â— 1099 Forms reporting interest (1099-INT)\, dividends (1099-D
IV)\, proceeds from sales (1099-B)\, as well as documentation showing the
original purchase price of your sold assets
â— 1099-R Form if yo
u received a pension\, annuity\, or IRA distribution
â— 1099-MIS
C Forms\, 1099-K Forms
â— Information about other forms of incom
e
â— State or local income tax refunds
Payments
â— All forms and canceled checks indicating federal and st
ate income tax paid (including quarterly estimated tax payments)
Dedu
ctions
Most taxpayers have a choice of taking either a standard deduc
tion or itemizing their deductions. If you have a substantial amount of de
ductions\, you may want to itemize. You will need to bring the following i
nformation:
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 prescription medicines\,
costs of assisted living services\, and bills for home improvements such
as 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
payment
â— Please note: If you itemized last year\, bring all th
e information on the deductions listed above this year. Although the stand
ard 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 insur
ance through the Marketplace (Exchange) Credits
â— Dependent car
e provider information (name\, 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 Bursar's Office
Accommodation Reque sts
\nPeople who are Deaf or Hard of Hearing should request \;English-language captioning or sign-language interpretation \;at least five days before the library-sponsored program they plan to attend. Contact the Assistant Facilities and Accessibility Program Man ager at 240-777-0002 with all other accommodation requests.
\ncm 1.1 01/03/2023
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