New Service for 2011 - AARP Tax Assistance

In partnership with the AARP, tax assistance will be available at the library on Mondays and Tuesdays beginning Monday, February 7, 2011. AARP Tax-Aide will provide this free service to help low and moderate income taxpayers who are age 60 years and older.

You must visit the library in person to schedule an appointment for the month of February. The March appointment calendar will be released in February. Appointments are one hour long and begin at 9:15 a.m., with the last scheduled appointment for the day at 3:45 p.m. At the time of registration, the library will provide you a copy of the list of items you will need to bring when you arrive for your personal tax preparation session.

The list below includes the forms that are eligible for preparation by AARP TAX-AIDE consultants assigned to Peters Township Public Library:
*1040 with Schedules A, B, and D
*Schedule C up to $10,000 expenses/C-EZ up to $5,000 expenses (Schedule C has same requirements for CEZ – no employees, no inventory, no losses or depreciation etc.)
*Schedule EIC and EIC Worksheets
*1099 Misc. (box 7 nonemployee compensation is reported on Schedule C/CEZ)
*1099 Misc (box 1 or 2 – rents, royalties, reported on Schedule E with no expenses, depreciation)
*1099 Misc (box 3 other income is reported on 1040 Line 21)
*1040 – ES (Estimated Payments)
*2441 (Child and Dependent Care)
*5329 Additional Taxes on Qualified Plans, Part 1
*8283, Section A, Part 1 – non-cash contributions to charity exceed $500.00 but less than $5,000
*8606 (Nondeductible IRA) Part 1
*8880 (Qualified Savings Credit)
*8812 (Additional Child Tax Credit)
*8863 (Education Credits)
*9465 (Installment Agreement)
*8379 (Injured Spouse)
*1040X (Amended Returns, if trained in the tax year being amended)
*Schedule K – 1 that provides information only for interest, dividends and capital gain distributions and royalties (Schedule B, D, E)

Please bring the following items with you when you come for your scheduled appointment at Peters Township Public Library:
• Current year’s tax forms and preparation booklet
• Copy of last year’s income tax return
• W-2 forms from each employer
• Unemployment compensation statements
• SSA-1099 form if you were paid Social Security benefits
• All 1099 forms (1099-INT, 1099-DIV, 1099-B, etc.) showing interest and/or dividends and documentation showing original purchase price of sold assets
• 1099-misc. showing any miscellaneous income
• 1099-R form if you received a pension or annuity
• All forms indicating federal income tax paid
• Dependent care provider information (name, employer ID, Social Security number)
• All receipts or canceled checks if itemizing deductions
• Social Security cards or other official documentation for yourself and all dependents

For further information, please call the library at 724.941.9430.