KNOXVILLE, Tenn. (WVLT) – It’s officially tax season. The IRS began accepting income tax returns Monday.
Terry Reed, a financial literacy manager with Volunteer Income Tax Assistance (VITA), told WVLT News that people on low-to-middle incomes can file their taxes for free with the Knoxville-Knox County Community Action Committee (CAC).
Reed said that aside from your proper ID, W-2 forms, and 1099 forms, there are a few other things you need to bring to do your taxes for free with VITA.
“In order to use the VITA site, you must have your social security card, and you must have each of those for the name of each person who will appear on the tax return,” Reed shared.
This year there is a new form that parents must bring with them when submitting; It’s a letter from the IRS, known as letter 6419.
It is for those who received a child allowance in the last year, which was paid from July to December.
Families received up to $300 for each child under the age of 5 and $250 for children between the ages of 6 and 17.
Letter 6419 helps parents to accurately state the amount of money they received in advance in 2021.
Reed said if you’re expecting a cash refund, you should receive your direct deposit refund within 2-3 weeks unless an error was made on submission.
“Now, if there’s any problem with the tax return, all bets are off because if a human has to touch that tax return instead of processing it entirely electronically, that could be a long time given the IRS’s understaffing.” lengthy process,” Reed said.
Reed said employers have until the end of January to mail out W-2 forms.
WVLT News has contacted the USPS to see if there will be any delays in sending out the tax forms. A USPS spokesman said they do not anticipate any delays regarding companies sending out their W-2 forms.
Tax preparations by VITA/CAC are only carried out by appointment. You can make an appointment by calling 865-244-3086.
The tax due date is April 18 except in Maine and Massachusetts.
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