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Volunteer Income Tax Assistance in Delaware County

Volunteer Income Tax Assistance in Delaware County. Delaware County Asset Development Group. Delaware County Asset Development Group. We are a consortium of agencies, financial & educational institutions dedicated to economic and community development in Delaware County, PA.

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Volunteer Income Tax Assistance in Delaware County

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  1. Volunteer Income Tax Assistance in Delaware County Delaware County Asset Development Group

  2. Delaware County Asset Development Group We are a consortium of agencies, financial & educational institutions dedicated to economic and community development in Delaware County, PA

  3. DelCoAD Partners Agencies • Chester Microenterprise Partnership/Widener SBDC • Chester Student Center • Community Action Agency of Delaware County, Inc. • Consumer Credit Counseling Services of Delaware Valley • Darby Borough Community Development Corporation • DelCo Family Centers • Pathways PA • YWCA Chester • United Way of Southeast Delaware County • United Way of Southeastern Pennsylvania

  4. DelCoAD Partners Educational • US Internal Revenue Service (IRS) – Stakeholder, Partnerships, Education & Communication (SPEC) • PHENND • Swarthmore College • Villanova University • Widener University Financial • Franklin Mint Federal Credit Union • Citizens Bank

  5. Delaware County VITA/EITC Since 2003, the consortium has grown and extended its FREE TAX PREPARATION services to over 5,500 residents of Delaware County, and has enabled over $6.9 Million to be brought back in to the local economy.

  6. 2009 Results – Delaware County, PA • 60 Volunteers trained • 5 Sites plus PathWays PA Mobiles • 1275 Tax returns filed • 33% Claimed Earned Income Tax Credit • Average Refund Amount: $1446 (Federal + State)

  7. 2009 Refunds for DelCo Taxpayers $ 1,869,480 But……

  8. Unclaimed EITC - Nationwide $36 Billion in EITC Credits go Unclaimed Each Year !

  9. Taxpayers using paid preparers: For a tax refund of $2000, you might pay: • Refund Anticipation Loan Fee: $ 90 • Bank Charge for RAL Loan: $ 30 • E-File fee for Federal: $ 100 • E-file fee for State return: $ 30 • Check Cashing fee (1% - 4%) $ 20

  10. Paid Preparer v. VITA Site preparation: Potential cost to receive $2000 refund from paid preparer + check cashing service: $ 270 Cost to use VITA site + Direct Deposit: $ 0 (refund deposited to your account in 8 – 14 days)

  11. Find VITA in Delaware County 2010 For site locations , hours & appointment information go to: www.delcoad.org

  12. What to bring to a VITA Appointment (page 1 of 3) • W-2s and other wage statements received from all employers for Tax Year 2009. • Social Security cards for taxpayer(s)and everyone in the household that you support • The dates of birth for all dependents. • Driver's license or other state issued photo ID card • Last year's tax return, if you have one, as well as any additional items (such as mortgage statements) that you think may impact your tax return, even if you are not sure.

  13. What to bring to a VITA Appointment (page 2 of 3) • Any 1099 forms for 2009. You may have 1099 forms if you received income from Social Security, Railroad Retirement, Unemployment, Interest, or Dividend Income. • If you paid for day care in the past year, bring your year-end statement for Day Care for the year 2009, including the social security number or EIN of your day care provider, the Provider’s name, and the day care address.

  14. What to bring to a VITA Appointment (page 3 of 3) • If you received any advance child tax credit payment in 2009, bring in Notice 1319, showing proof of the amount received. • If you paid for higher education, such as college or a trade school, bring form 1098-T showing evidence of payment. • If you would like to get your refund by direct deposit, bring a blank check from your bank account. • If filing jointly, both filer and spouse must be present to sign.

  15. Thank you for spreading the word! Questions? Please call Joyce Lacy (610) 996 - 4652

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