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VITA Free Tax Preparation Program

Answers to Questions About the Coronavirus Stimulus Check

On March 27, 2020, President Trump signed the CARES Act, legislation that will provide stimulus checks to about 90% of Americans. Answers to some frequently asked questions about stimulus checks are listed below. 

Q: Who is eligible to receive a stimulus check? Tax filers with a valid Social Security number, that are not a dependent of someone else and meet the income eligibility requirements, are able to receive payment. Individual tax filers earning up to $75,000, and joint tax filers earning up to $150,000, will receive full payment. The payment is reduced by $5 for each $100 above those thresholds. Single filers with income over $99,000 and joint filers with no children earning above $198,000 are not eligible. Social Security recipients are eligible and are not required to file a return.

Q: How much money will the stimulus checks be? Taxpayers who meet the income eligibility requirements, and filed tax returns for either 2019 or 2018, will automatically receive an economic impact payment of up to $1,200 for individuals or $2,400 for married couples and up to $500 for each qualifying child.

Q: Do I have to apply to receive my payment? No. 

Q: I didn’t file a tax return because I’m not required to, will I receive any money? Yes. The IRS will use the SSA-1099 form or RRB-1099 form to generate payments for those who are not required to file a tax return and did not file a return for 2018 or 2019. However, utilizing these forms means the IRS doesn’t have access to dependent information and therefore, each person would receive $1,200 without the additional dependent amount at this time.

Q: How will checks be received? Most Americans do not need to take any action to receive their checks. The IRS will use either 2019 or 2018 tax return information to calculate the payment, and the payment will be direct deposited into the same bank account from the return.

Q: What if the IRS doesn’t have my direct deposit informationIn the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.  

Q: I still need to file my 2019 tax return. Will I still receive money if I haven’t yet filed? Yes. The IRS will use your 2018 tax return information if you have not filed in 2019.

Q: When can I expect my stimulus payment? Payments will begin in the next three weeks.

Q: Do I have to pay income taxes on the amount of my payment? No. 

2020 Free Tax Preparation Locations

The IRS federal income tax filing deadline has been extended to July 15, 2020 as part of a growing effort to stem the financial pain from the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced March 20, 2020. The move gives Americans three months more than they normally would have to file their income tax returns for the 2019 tax year.

NOTE: Due to the coronavirus, services at ALL free income tax preparation sites in Williamson County, and in many other areas, have been suspended until further notice. Should any of the sites reopen, we will update our website and social media channels with that information. Call 211 or visit Foundation Communities, IRS.gov, AARP.org, auntbertha.com or 211texas.org to search for tax sites that may be open or for other tax filing options.
 

El plazo de presentación de impuestos federales sobre la renta del IRS se extendió hasta el 15 de julio de 2020 como parte de un esfuerzo creciente para detener el daño financiero de la pandemia de coronavirus, anunció el secretario del Tesoro, Steven Mnuchin, el 20 de marzo de 2020. La medida les da a los estadounidenses tres meses más de lo que esperan. normalmente tendría que presentar sus declaraciones de impuestos para el año fiscal 2019.

NOTA: Debido al coronavirus, los servicios en TODOS los sitios de preparación gratuita de impuestos sobre la renta en el condado de Williamson, y en muchas otras áreas, se han suspendido hasta nuevo aviso. Si alguno de los sitios vuelve a abrir, actualizaremos nuestro sitio web y redes sociales con esa información. Llame al 211 o visite Foundation Communities, IRS.gov, AARP.org, auntbertha.com o 211texas.org para buscar sitios de impuestos que puedan estar abiertos u otras opciones de presentación de impuestos.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Williamson County will prosper only when all families are financially stable and able to meet their basic needs. Fewer financial stressors lead to healthier lives, a more productive workforce, and better educational outcomes. In every Williamson County community, individuals and families are facing financial obstacles that prevent a good quality of life. We’re fighting to put every person, in every community, on a path toward financial stability and economic mobility. That starts with access to services, job training, credit counseling and money management programs and more. United Way’s work is focused on ensuring that all families are financially stable and independent.  

The Volunteer Income Tax Assistance (VITA) program is a cornerstone program of United Way that can be instrumental in helping individuals and families in their journey to financial stability.  

  • This free tax preparation service is available to low-to-moderate income wage earners earning $55,000 or less. Clients often include minimum-wage earners, those who may be homeless, self-employed, and the elderly or people with disabilities.
  • IRS-certified volunteers provide basic return preparation with electronic filing to qualified individuals. 

Free tax preparation sites will be open from January 27 through April 15, 2020 at locations in Georgetown, Hutto, Leander, Liberty Hill and Taylor. 

In addition to informing clients about valuable tax credits for which they may be eligible, VITA sites provide a safe alternative to high-fee tax preparation services and predatory lenders offering expensive refund anticipation loans. VITA sites also help many working families access valuable tax credits such as Earned Income Tax Credits and Child Tax Credits.