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As of 2017, the Tax Cuts and Jobs Act contributed to the over complication of tax filing. The statistics researched by the non-profit Prosperity Now proves VITA to be a relevant necessity in poverty reduction. Today, tax preparation remains a highly unregulated industry and around 60% of all taxpayers turn to a paid preparation service.
VITA offers free tax preparation for moderate- to low-income individuals who make $60,000 or less, disabled individuals, senior citizens, or those who have a language barrier.
The IRS Direct File program, which lets taxpayers file their federal income tax return directly with the IRS for free, is doubling its reach to 24 states for the 2025 tax season, up from 12 states ...
How tax breaks for disabled veterans work Tax benefits for disabled veterans aren't usually applied as a tax credit or tax deduction on your federal income tax return. Instead, they're typically ...
Free tax filing assistance. ... The Tax Credit for the Elderly or Disabled allows low-income Americans ages 65 and older to claim a tax credit of $3,750 to $7,500, depending on your income, ...
The Volunteer Income Tax Assistance program is also available for free tax filing. ... Credit for the Elderly or the Disabled. If you don’t exceed the income limits, the Credit for the Elderly ...
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