Take Action Now!

02-12-08
Iowa State University College of Business
 

Contact:

William Dilla, (515) 294-1685, wdilla@iastate.edu

Dan Ryan, (515) 294-5800, djr@iastate.edu

FREE TAX PREPARATION AVAILABLE IN THE COLLEGE OF BUSINESS
 

AMES, Iowa — Iowa State University accounting students will be offering free tax preparation services through the IRS Volunteer Income Tax Assistance (VITA) program this season. Taxpayers with household incomes of $54,000 or less are eligible for basic return preparation services. In addition to free tax return preparation assistance, free electronic filing (e-filing) of federal and state returns is also available. Individuals taking advantage of the e-file program will receive their refunds in half the time compared to returns filed on paper – even faster if you have your refund deposited directly into your bank account.

The VITA program at Iowa State is located in 2148 Gerdin Business Building on the Iowa State University campus. Starting Tuesday, February 19, it will be open on Tuesdays from 3:00 to 5:00 p.m., and on Wednesdays and Thursdays from 6:00 to 8:00 p.m. Assistance will be available on these days through Thursday, April 10, except for the week of March 17-21 when students at Iowa State are on spring break.

Taxpayers should bring the following to the VITA site to have their returns prepared:

• Proof of identification

• Social Security Cards for you, your spouse and dependents and/or a Social Security Number verification letter issued by the Social Security Administration

• Birth dates for you, your spouse and dependents on the tax return

• Current year’s tax package if you received one

• 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

• Total paid for day care provider and the day care provider's tax identifying number (the provider's Social Security Number or the provider's business Employer Identification Number)

• To file taxes electronically on a married filing joint tax return, both spouses must be present to sign the required forms.

• You must also know whether you are being claimed as a dependent on another person’s tax return.

For further information, contact Bill Dilla at (515) 294-1685 or wdilla@iastate.edu. Additional information on the program is available at: http://www.irs.gov/individuals/article/0,,id=107626,00.html.

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