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Monday
Feb132012

Tax Tip: How to Qualify for Free Tax Help

iStockphoto/Thinkstock(NEW YORK) -- Tax preparers can cost you several hundred dollars, and tax software is $20 to $30, but there's a program that helps the elderly, members of the military and low to moderate income earners with free tax preparation.

It's called the Volunteer Income Tax Assistance.

As Eric Smith with the IRS explains, "There are more than 12,000 volunteer tax help sites across the country and each year they prepare about three million returns."

If you make less than $50,000, or you're 60 and over, Smith says you can go to one of these centers and talk to a tax pro, usually a tax law student or professor who does volunteer work to help taxpayers out.

"Many of them receive some financial assistance from the IRS and other public entities, so they're there to help and serve you," he says.

All taxpayers need to do is bring all of their paperwork to the sites. You can find a list at IRS.gov, including some places that have workers who speak several languages.

Copyright 2012 ABC News Radio







ABC News Radio