Income Tax Info - Newschannel 6 Now | Wichita Falls, TX

Income Tax Info

WICHITA FALLS, TX -

The North Texas Area United Way officially opens its free Volunteer Income Tax Assistance location in Wichita Falls.

To qualify for this free tax service you must make less than $62,000.

Genevieve Anderson, Vita Program Coordinator, said this program was founded because of on the Earned Income Tax Credit and has helped people save more than $464,587 in tax preparation fees.

The VITA team members train 28 to 40 hours, and take a number of test to become certified.

            “This year I believe it was a 35 question test that you had to go through and actually prepare returns to get those answers,” said Anderson.

Last year the Vita Tax Center was able to get more than $2,000,000 in refunds for those who filed with the center.

Besides the E.I.T.C there are many credits tax filers are not aware they qualify for.

She adds, with the new health care penalty some are paying for fines they are exempt from.

            “We are trying to screen those and make sure people are no longer penalized because they fall into one of the windows where they got an exception to that,” said Anderson.

There are a number of exceptions including income amounts below the filing threshold, coverage gap less than two months, if you faced foreclosure or eviction and for domestic violence victims.

To find out if you are exempt Anderson said to visit healthcare.gov and see if you qualify. If you do, you can avoid the nearly $700 penalty fee.

Anderson adds some of these exceptions were not caught on some income tax returns last year.

            “With the health care bill being so new into the tax world it really caused a lot of chaos, and we're trying to iron out those wrinkles now,” said Anderson.

VITA will be helping low income households prepare their taxes until April 18th.

Be sure to bring hard copies of all your tax documents including social security cards.

To make an appointment call 2-1-1 Texas and press option 1 or for more information visit the North Texas Area United Way website.

Copyright 2016 KAUZ All Rights Reserved

  • News HeadlinesNewsMore>>

  • White House: No plans by Trump to fire Mueller, Rosenstein

    White House: No plans by Trump to fire Mueller, Rosenstein

    Sunday, April 22 2018 2:05 PM EDT2018-04-22 18:05:12 GMT
    Monday, April 23 2018 9:00 AM EDT2018-04-23 13:00:03 GMT
    (AP Photo/Carolyn Kaster, File). FILE - In this Nov. 20, 2016, file photo, then-President-elect Donald Trump, right, and former New York Mayor Rudy Giuliani pose for photographs as Giuliani arrives at the Trump National Golf Club Bedminster clubhouse i...(AP Photo/Carolyn Kaster, File). FILE - In this Nov. 20, 2016, file photo, then-President-elect Donald Trump, right, and former New York Mayor Rudy Giuliani pose for photographs as Giuliani arrives at the Trump National Golf Club Bedminster clubhouse i...

    The White House says President Donald Trump has no intention of firing special counsel Robert Mueller and Deputy Attorney General Rod Rosenstein.

    The White House says President Donald Trump has no intention of firing special counsel Robert Mueller and Deputy Attorney General Rod Rosenstein.

  • Macron to push Trump on Iran deal, says there's no 'Plan B'

    Macron to push Trump on Iran deal, says there's no 'Plan B'

    Sunday, April 22 2018 11:04 AM EDT2018-04-22 15:04:45 GMT
    Monday, April 23 2018 8:59 AM EDT2018-04-23 12:59:51 GMT
    (AP Photo/Michel Euler). France's President Emmanuel Macron walks out of the lobby of the Elysee Palace in Paris, Friday, April 20, 2018, to welcome Senegalese President Macky Sall. Senegalese President Macky Sall is in France for a five-day visit.(AP Photo/Michel Euler). France's President Emmanuel Macron walks out of the lobby of the Elysee Palace in Paris, Friday, April 20, 2018, to welcome Senegalese President Macky Sall. Senegalese President Macky Sall is in France for a five-day visit.

    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".

    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".

  • DOJ looks into how AT&T, Verizon handle defecting customers

    DOJ looks into how AT&T, Verizon handle defecting customers

    Friday, April 20 2018 7:43 PM EDT2018-04-20 23:43:53 GMT
    Monday, April 23 2018 8:28 AM EDT2018-04-23 12:28:59 GMT
    The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)
    The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)The Justice Department is investigating AT&T, Verizon and a standards-setting group. (Source: Raycom Media)

    The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers.

    The Justice Department has opened an antitrust investigation into whether AT&T and Verizon and a standards-setting group worked together to hinder consumers from easily switching wireless carriers.

Powered by Frankly