For the second consecutive year, students at Terra State Community College will be participating in a nationwide program aimed at helping people complete their income tax forms.
The students, with support from accounting faculty Jack Fatica and Terry Holmes, will be part of the Volunteer Income Tax Assistance program sponsored by the Internal Revenue Service.
While the service is free to the entire community, Fatica hopes Terra students take advantage of the help.
“I hope more students use this service because many of them will qualify for education tax credits and the earned income tax credit,” Fatica said.
The student volunteers, who are mostly in accounting and business, have received training to prepare basic tax returns. They will prepare federal and Ohio income tax returns. City tax and school district tax returns are not part of the service.
Taxpayers need to present the following items to have their returns prepared:
• Photo identification
• Valid Social Security cards for the taxpayer, spouse and dependents
• Birth dates for primary, secondary and dependents on the tax return
• Wage and earning statement(s) Form W-2, W-2G, 1099-R, from all employers
• Interest and dividend statements from banks (Forms 1099)
• A copy of last year’s federal and state returns, if available
• Bank routing numbers and account numbers for direct deposit
• Other relevant information about income and expenses
• Total paid for day care and day care provider’s identifying number
To file taxes electronically on a Married Filing Jointly tax return, both spouses must be present to sign the required forms.
The service at Terra will be available from Feb. 15 through April 12 on Wednesdays from 1:30 to 4:30 p.m. in Building A, Room 314 and Thursdays from 4:30 to 7 p.m. in Building B, Room 305. Accounting faculty will be supervising at all times.
For information, call Fatica at 419-559-2381.