Alimony Paid-- If client pays alimony, and they were divorced:
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IRA Deduction - If client notates on intake form they made contributions to a retirement account, ask them if it was through work or if they made it on their own. (Ex: they wrote a check from their checking account and deposited it in an IRA they opened at a local bank).
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From IRS PUB 4491 covers tax Law for the VITA/TCE volunteer
Topics like this one are pretty much the same year after year and can be reviewed anytime. |
You can contact me at [email protected]
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Please note: I, Mary Meador, AM NOT a certified accountant or tax law expert. I volunteer with VITA providing free tax preparation for individuals and families whose income is less than $66,000 a year. We deal with simple returns at our sites. I cannot guarantee the accuracy of all the information on this site as tax laws change and I may not have a clear understanding of complicated issues. I am trying to provide basic tax preparation information for our volunteers to get started--remember Publication 4012 is your go-to resource for questions, as well as irs.gov and Publication 17. I hope you find this information useful and easy to understand. Thanks for being a VITA/TCE volunteer!
**I am human, so if you find a mistake, please let me know so I can fix it--we are all in this together** All images from our UWLHG Canva account unless promoting the resource linked to |