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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 - ๐ข๐ง ๐ฉ๐ž๐ซ๐ฌ๐จ๐ง & ๐จ๐ง๐ฅ๐ข๐ง๐ž. That's right, free. Here's how:

๐ˆ๐ง๐ฌ๐ญ๐ž๐š๐ ๐จ๐Ÿ

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)

๐‡๐ž๐ซ๐ž'๐ฌ ๐‡๐จ๐ฐ ๐“๐ก๐š๐ญ ๐–๐จ๐ซ๐ค๐ฌ:

- 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 ๐Ÿ๐ซ๐ž๐ž for everyone who qualifies

- Anyone earning $60k and doesn't have their own corporation usually qualifies

๐—๐˜‚๐˜€๐˜ ๐˜„๐—ต๐—ผ ๐˜‚๐˜€๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—พ๐˜‚๐—ฎ๐—น๐—ถ๐—ณ๐—ถ๐—ฒ๐˜€?

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

๐˜๐จ๐ฎ ๐š๐ฅ๐ฅ ๐ช๐ฎ๐š๐ฅ๐ข๐Ÿ๐ฒ.

๐–๐ก๐ฒ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐๐จ ๐ญ๐ก๐ข๐ฌ?

- 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?

๐‡๐ž๐ซ๐ž'๐ฌ ๐‡๐จ๐ฐ ๐“๐จ ๐“๐š๐ค๐ž ๐€๐๐ฏ๐š๐ง๐ญ๐š๐ ๐ž ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ

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.

๐—›๐—ฒ๐—ฟ๐—ฒ ๐—ฎ๐—ฟ๐—ฒ ๐˜๐—ต๐—ฒ ๐—ฑ๐—ฒ๐˜๐—ฎ๐—ถ๐—น๐˜€:

Location & Dates:

M-F from now, until April 8, 2023 at ๐‚๐’๐”๐‹๐ ๐‚๐จ๐ฅ๐ฅ๐ž๐ ๐ž ๐จ๐Ÿ ๐๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ
(1250 Bellflower Blvd, Long Beach, CA 90840)

๐—œ๐—ป ๐—ฃ๐—ฒ๐—ฟ๐˜€๐—ผ๐—ป

Walk In (No Appointment Needed)

- Monday to Thursday - 10 a.m. to 8 p.m. PST

- Friday 9 a.m. to 3 p.m.

๐ˆ๐ง ๐๐ž๐ซ๐ฌ๐จ๐ง

Virtual drop-in

See comment for details.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐?

Check out the link in comment for everything you need to know.

๐ˆ ๐๐จ๐ง'๐ญ ๐ง๐ž๐ž๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž, ๐›๐ฎ๐ญ ๐ˆ ๐ฐ๐š๐ง๐ญ ๐ญ๐จ ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ ๐ข๐ญ!

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If you did VITA in the past, comment below!