IRS Online Assistance

If your individual income is less than $60,000 a year, you can file your tax return for free at the IRS website. Should you need help, the IRS provides an “Interactive Tax Assistance” (ITA) tool that walks you through various topics to help you arrive at the correct forms and inputs on your tax return. Topics include:

• How to file a deceased person’s tax return
• How to deduct charitable contributions
• What expenses you can claim as miscellaneous itemized deductions
• Whether you qualify for the credit for the elderly or disabled
• How to determine if your pension or annuity payments are taxable

If you can’t find your answers with the ITA tool, there also is the Tax Trails interactive tool that can help you walk you through answers to questions on self-employed income, tax credits, etc. Another resource is a separate IRS-affiliated website called the IRS Tax Map that collects IRS publications about various tax topics, such as adoption, rental expenses or debt cancellation, to help you file your own tax return.

Our firm assists retirees and pre-retirees in the creation of retirement strategies utilizing investment and insurance products. If we can be of any assistance to you please give us a call at 801-990-5055. Advisory services offered through B.O.S.S. Retirement Advisors, a Registered Investment Advisory firm, and offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor. Insurance products and services offered through B.O.S.S. Retirement Solutions.

This content is provided for informational purposes only. It is provided by third parties and has been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.