Author Archives: TetonValleyVita

Sheridan

This site is by appointment only:  Please call Wendy at 307-710-1022

First Presbyterian Church
1717 Colonial Dr
Sheridan, WY  82801

Park in the west parking lot and use the side door. Signs will be posted the day of your appointments.

Teton Valley

Teton Valley VITA serves clients in Teton Valley, Idaho and Wyoming, at three locations: The Valley of the Tetons libraries in Driggs and Victor and the Senior Community Center in Driggs

We use a drop-off system for preparing returns. This begins with an intake interview where we review your personal information, filing status and documents relevant to your return. In the week after the drop-off, your return will be prepared and “quality reviewed” by our certified volunteer preparers. You will then return to review and sign your return before we submit it.

Get started by picking up an intake packet at one of our locations. It will contain Form 13614-C: Intake Interview & Quality Review Sheet. The first page of collects your personal and family information. The second page reviews your income, expenses and life events relevant to your tax filing. Completing this page before your intake interview, even if you have questions or are unsure about some of the items, will give you a good idea of what documents you need to collect for your filing.

To schedule an intake interview call 208-274-3252 and leave your name, phone number, and best times to reach you on the answering machine.

Getting Started with a Drop-off Return

  1. Assemble your return packet. Your packet begins with Form 13614-C Intake Interview and Quality Review Sheet. This form includes basic information about you and your household that we will use to start your return. It also asks a number of questions about your income, expenses and “life events” that will provide a guide for what documents and information you need to assemble for your return (see below for list of documents).
  2. Schedule an intake interview. At this interview, we will review your Form 13614-C and the documents you’ve assembled to make sure we have all the information we need to prepare your return.
  3. Be patient while we prepare your return. Our preparers work as a team at scheduled times during the week. After the return is prepared, each return receives a Quality Review by another preparer, who verifies that all information is entered accurately and responds to questions the initial preparer may have had. You may be contacted during this process if the preparers have questions. If this happens, the preparer will clearly identify him/herself and will not ask for your social security number or TIN or ask you to send money.
  4. Schedule an appointment to sign the return. Once your return is finished, we will contact you to review your return and sign the Authorization to E-File form. If you are married filing jointly, both you and your spouse need to sign. Be sure to bring proof of bank account routing and account numbers for direct deposit.

Documents for Return

As you complete your Form 13614-C Intake Interview & Quality Review Sheet, you will get a better idea of what documents you may need. Here is a partial list of some of the most common.

Identification and Personal Information

  • Proof of identification (photo ID) for taxpayer and spouse (if filing jointly)
  • Social Security cards for you, your spouse and dependents. An Individual Taxpayer Identification Number (ITIN) assignment letter may be substituted for you, your spouse and your dependents if you do not have a Social Security number
  • Birth dates for you, your spouse and dependents on the tax return
  • A copy of last year’s federal and state returns, if available
  • Proof of bank account routing and account numbers for direct deposit such as a blank check

Income Documents

  • Wage and earning statements, including distributions from retirement accounts (Form W-2, W-2G, 1099-R,1099-NEC, 1099-Misc, SSA-1099, etc.)
  • Interest, dividend and distribution statements from banks, brokerages, pensions, Social Security, annuities, etc. (Forms 1099)
  • Records of income from self-employment
  • Other income including gambling winnings and losses

Expenses, Deductions and Credits

  • Total paid for daycare provider and the daycare provider’s tax identifying number such as their Social Security number or business Employer Identification Number
  • Forms 1095-A, B and C, Health Coverage Statements. Taxpayers insured through the ACA marketplace will need to document their Premium Tax Credit receipts.
  • Distributions from and contributions to a Health Savings Account.
  • Expenses related to self-employment.
  • Higher Education scholarships and expenses (tuition, books, etc.) (Form 1098 T).
  • Medical Expenses and Health Insurance premiums (if itemizing)
  • Mortgage statements (if itemizing)

Claiming Child Tax Credit

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The Child Tax Credit helps families with qualifying children get a tax break. You may be able to claim the credit even if you don’t normally file a tax return.

Who Qualifies

You can claim the Child Tax Credit for each qualifying child who has a Social Security number that is valid for employment in the United States.

To be a qualifying child for the 2021 tax year, your dependent generally must:

  • Be under age 18 at the end of the year
  • Be your son, daughter, stepchild, eligible foster child, brother, sister, stepbrother, stepsister, half-brother, half-sister, or a descendant of one of these (for example, a grandchild, niece or nephew)
  • Provide no more than half of their own financial support during the year
  • Have lived with you for more than half the year
  • Be properly claimed as your dependent on your tax return
  • Not file a joint return with their spouse for the tax year or file it only to claim a refund of withheld income tax or estimated tax paid
  • Have been a U.S. citizen, U.S. national or U.S. resident alien

You qualify for the full amount of the 2021 Child Tax Credit for each qualifying child if you meet all eligibility factors and your annual income is not more than:

  • $150,000 if you are married and filing a joint return, or if you are filing as a qualifying widow or widower;
  • $112,500 if you are filing as a head of household; or
  • $75,000 if you are a single filer or are married and filing a separate return.

Parents and guardians with higher incomes may be eligible to claim a partial credit.

Use our Interactive Tax Assistant to check if you qualify.

More info…