An overwhelming thought for some--the tax filing deadline is 3 months away.
Professional tax preparation can cost a couple hundred dollars, but now low-income residents in Illinois can get free tax prep assistance.
METEC's new volunteer income tax assistance program (VITA) will help people with household incomes of less than $49,000.
Trained and IRS certified volunteers will be available Tuesdays and Wednesdays from 3 to 8 P.M. at the METEC Resource Center located at 305 Madison Park Terrace in Peoria.
Cheryll Boswell, the METEC Executive Director says the goal is to increase financial education in our community.
Boswell says, "Our mission is to provide the tools and resources that put individuals in control of their financial resources and this is helping them do that. There is a considerable amount of money being spent on having taxes prepared and we want to make sure individuals are able to keep all the money in their pockets."
This is the first year for the program.
Documents need to file taxes include W2's and 1099's from all employers, identification, bank interest statements, Social Security cards, a voided check, and last years tax return.
Both spouses must be present in filing jointly.
For more information call METEC at 676-3832.