Last week, the U.S. Internal Revenue Service announced that it would no longer be mailing paper income tax packages to individual and business taxpayers. These packages contained the forms, schedules and instructions for filing a paper income tax return.
The IRS is taking this step because of the continued growth in electronic filing and the availability of free options to taxpayers, and to help reduce costs. This year, more than 96 million individual tax returns were e-filed, out of the 131 million total returns that were filed. Only 8% of individuals who filed returns last year received tax packages in the mail.
The Troy Public Library will still be carrying some of the most popular paper tax forms, though many fewer than in recent years. And, has been the trend the past few years, we will be encouraging our patrons who are looking for forms to print them off from irs.gov, either in the Library’s Technology Center or from their home computers.
And as a reminder, individuals making $49,000 or less can use the Volunteer Income Tax Assistance program for free tax preparation and, in many cases, free electronic filing. And individuals aged 60 and older can take advantage of free tax counseling and basic income tax preparation through Tax Counseling for the Elderly.
The IRS is taking this step because of the continued growth in electronic filing and the availability of free options to taxpayers, and to help reduce costs. This year, more than 96 million individual tax returns were e-filed, out of the 131 million total returns that were filed. Only 8% of individuals who filed returns last year received tax packages in the mail.
The Troy Public Library will still be carrying some of the most popular paper tax forms, though many fewer than in recent years. And, has been the trend the past few years, we will be encouraging our patrons who are looking for forms to print them off from irs.gov, either in the Library’s Technology Center or from their home computers.
And as a reminder, individuals making $49,000 or less can use the Volunteer Income Tax Assistance program for free tax preparation and, in many cases, free electronic filing. And individuals aged 60 and older can take advantage of free tax counseling and basic income tax preparation through Tax Counseling for the Elderly.
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