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Free tax-preparation volunteers to help families file taxes

January 19, 2011|Journal staff report | news@jessaminejournal.com

The Kentucky Asset Success Initiative will operate free tax preparation sites at three locations in Jessamine County during the 2011 tax season.

KASI is a coalition of agencies and organizations seeking to empower low- and moderate-income Kentuckians through a variety of asset-building programs. Families with a household income less than $49,000 are eligible for the free tax-preparation service.

IRS-certified volunteers will file taxes at the Jessamine Career and Technology Center at 881 Wilmore Road from 4-9 p.m. on Wednesdays between Jan. 19 and April 13.

Preparers will also be available at the Jessamine County Public Library on South Main Street from 1-4 p.m. Feb. 18 and Feb. 25.

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Saturday appointments are available from 1-4 p.m. Jan. 29, Feb. 19 and March 26 at the Jessamine County Library, and from 1-5 p.m. Feb. 12 and March 5 at the Asbury University library in Wilmore.

Appointments are required and can be made by calling 2-1-1 in Jessamine County and the Lexington area.

Working families with three or more children and an income less than $48,362 (if married and filing a joint return) may be eligible for a maximum Earned Income Tax Credit (EITC) of $5,666.

The goal of the free tax-preparation sites is to ensure that more eligible individuals and families claim the Earned Income Tax Credit (EITC) and receive their full refunds rather than paying preparation fees or being tempted by high-interest refund-anticipation loans, according to Vickie Johnson, project manager at Kentucky Domestic Violence Association.

“For many families, a tax refund is the largest one-time influx of money all year, and the economic boost for individuals and communities is significant,” Johnson said.

The IRS estimates that as many as 20 percent of taxpayers who are eligible for the EITC do not claim it.

Filers must bring the following documents to their appointment: photo ID and social security card for each person on the return, all W-2 forms, all 1099 forms, total of payments for child care expenses (plus name, address, EIN, or SSN of child care provider), Form 1098-T (if applicable), total amount of student loan interest paid in 2010, mortgage and property tax information, checkbook or routing and account information for direct deposit and a copy of your 2010 tax return (if available).

Returns are filed electronically and are usually available in 7 to 10 days. Tax preparers at the 64 KASI sites around Kentucky are volunteers from community-based organizations.    

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