Allen Au
3y ago
I ditched the tie and got the shorts. I talk about my relearnings of finance + crypto.
If you know someone who earn 60k or less in 2022, they can get your taxes done for free - ๐ข๐ง ๐ฉ๐๐ซ๐ฌ๐จ๐ง & ๐จ๐ง๐ฅ๐ข๐ง๐. That's right, free. Here's how:
๐๐ง๐ฌ๐ญ๐๐๐ ๐จ๐
Paying $40-300 at TurboTax or H&R Block, you can get your tax return prepared for free by going to a Volunteer Income Tax Assistance IRS site. (More actionable details below)
๐๐๐ซ๐'๐ฌ ๐๐จ๐ฐ ๐๐ก๐๐ญ ๐๐จ๐ซ๐ค๐ฌ:
- the IRS sponsors a program providing tax preparation for low-income, students, elderly, and/or limited English individual
- this program is called VITA - Volunteer Income Tax Assistance, and it's ๐๐ซ๐๐ for everyone who qualifies
- Anyone earning $60k and doesn't have their own corporation usually qualifies
๐๐๐๐ ๐๐ต๐ผ ๐๐๐๐ฎ๐น๐น๐ ๐พ๐๐ฎ๐น๐ถ๐ณ๐ถ๐ฒ๐?
If you're a:
- Student / International Student
- Gig worker (e.g., uber, taskrabbit, doordash)
- Working parent earning under $60k w/ dependent costs
- Most people earning under $60k
๐๐จ๐ฎ ๐๐ฅ๐ฅ ๐ช๐ฎ๐๐ฅ๐ข๐๐ฒ.
๐๐ก๐ฒ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐๐จ ๐ญ๐ก๐ข๐ฌ?
- A key KPI of the VITA program is how much money is refunded back to tax payers.
- Volunteer tax preparers are trained to help you claim as many applicable deductions
- And keep high quality and integrity should their 2 to 3 layers of additional internal review
Interested?
๐๐๐ซ๐'๐ฌ ๐๐จ๐ฐ ๐๐จ ๐๐๐ค๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐ ๐จ๐ ๐๐ก๐ข๐ฌ
My college, #csulb, runs a VITA program that has refunded $1,000,000 in tax payer dollars last season.
They offer in-person and zoom, from now until April 8.
๐๐ฒ๐ฟ๐ฒ ๐ฎ๐ฟ๐ฒ ๐๐ต๐ฒ ๐ฑ๐ฒ๐๐ฎ๐ถ๐น๐:
Location & Dates:
M-F from now, until April 8, 2023 at ๐๐๐๐๐ ๐๐จ๐ฅ๐ฅ๐๐ ๐ ๐จ๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ
(1250 Bellflower Blvd, Long Beach, CA 90840)
๐๐ป ๐ฃ๐ฒ๐ฟ๐๐ผ๐ป
Walk In (No Appointment Needed)
- Monday to Thursday - 10 a.m. to 8 p.m. PST
- Friday 9 a.m. to 3 p.m.
๐๐ง ๐๐๐ซ๐ฌ๐จ๐ง
Virtual drop-in
See comment for details.
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐?
Check out the link in comment for everything you need to know.
๐ ๐๐จ๐ง'๐ญ ๐ง๐๐๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐๐ซ๐ฏ๐ข๐๐, ๐๐ฎ๐ญ ๐ ๐ฐ๐๐ง๐ญ ๐ญ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ข๐ญ!
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If you did VITA in the past, comment below!