04 Mar VITA! Get Your Taxes Done for Free!
It’s tax season! For many people, this means tax REFUND season. This can be a time of year that we look forward to getting a little bit of money back. For some, the money is used to catch up on bills, pay down debt, build savings, or plan a vacation. In any case, it’s a great opportunity to get back on track with your financial goals.
The worst part of tax season is paying someone else to do your taxes. Luckily, VITA (Volunteer Income Tax Assistance) is a program that can help you file your taxes for free! If your household income is $53,000 or less per year, you qualify to have your taxes prepared for free at a VITA site. VITA has several locations throughout the state where tax preparers are ready to help you complete your taxes.
If you don’t feel like having your taxes prepared in person, you have the option to complete them online. You will be redirected to the H&R Block website, but as long as you get there from www.utahtaxhelp.org, you won’t be charged. If your household income is $60,000 or less per year, you qualify to file your taxes for free online.
Is one of your financial goals to purchase a home? If you’re considering homeownership, saving your tax refund is a great way to work towards the goal. We recommend that potential home buyers have at least $2,000 saved for the upfront costs of purchasing a home.
Whatever plans you have for your tax refund, save another few hundred dollars by getting your taxes done for free through VITA. What have you got to lose?! Contact 211 to schedule an appointment, or check the website to see what locations accept walk-ins.
Community Development Corporation of Utah is a nonprofit organization with a mission to assist aspiring homeowners along the pathway to homeownership through several programs and services to help first-time home buyers. Register for our Intro to Home Buying class to learn more about whether or not you are ready to purchase a home, what it takes to qualify for a mortgage, and what steps are needed to prepare for homeownership. Get started on the Pathway to Homeownership today!