Tax Day Is Right Around the Corner, Don’t Forget to Take Advantage of All the Resources Available to You
The deadline to file your 2018 taxes or ask for an extension is coming up on April 15, 2019. If you have not had the chance to file your taxes yet, I want to make sure you are aware of all the resources available for NYC residents to help them successfully complete their taxes, save money, and maximize their reimbursement. These resources are intended to give hard working Americans a much needed relief, so make sure to keep them in mind and take advantage of them as you complete your taxes.
As in previous years, New York City’s government is offering free help and advice filing taxes to qualifying individuals – this year, individuals who make less than $66,000 a year. For a list of sites where you can access free preparation help, please visit https://www1.nyc.gov/assets/dca/TaxMap/ . You must bring with you the following documentation: http://www.irs.gov/Individuals/Checklist-for-Free-Tax-Return-Preparation.
You may also qualify one or more tax credits that help working families end up with more money in their pockets and access higher education. If you earned less than $54,884 in 2018, you may also qualify for the Earned Income Tax Credit (EITC) and get back as much as $6,431 in tax refunds depending on your marital status and family size. To check if you’re eligible, please visit www.irs.gov/eitc . You may also be eligible for the Child Tax Credit (CTC), for people with a qualifying child; or for the American Opportunity Tax Credit (AOTC), for individuals with qualifying higher education expenses. To learn more about these and other tax credits you may also qualify for, please visit http://www.irs.gov/Credits-&-Deductions.
Every year, millions of Americans don’t take advantage of tax credits and deductions they are eligible for because they don’t know they exist or forget to take advantage of them. Don’t forget to use them to maximize your refund; they are designed to give hard working families like you much needed financial relief. Check if you’re eligible and use NYC’s free tax help if you need it.
If you have any questions about these resources or our tax system in general, my office staff is available to answer any questions you might have during constituent hours. They can also put you in touch with the right government agency and guide you through the process of IRS disputes. Please call my office for more information on constituent hours, and visit https://serrano.house.gov/services/help-with-a-federal-agency for more information on how to request help from my office in dealing with a federal agency. We want to make sure hard working families and individuals like you take advantage of these resources.
Jose E. Serrano