Tax preparation for rideshare drivers can be difficult to navigate. Taxpayers often do not know that they are self-employed and are not aware of the impact driving full time or as a “side hustle” can have on their tax returns.
Starting in 2019 (which you file taxes for in 2020), you are no longer required to pay a fee when you file your federal taxes if you don’t have health insurance. Some states still have health insurance requirements.
Colleges and universities can be valuable partners for Volunteer Income Tax Assistance (VITA) and tax credit outreach efforts. However, college campuses are more than just a source for volunteers or computers. Colleges have community recognition and relationships that can deepen the work of free tax filing programs.
If you worked at any time during 2019, these are the income guidelines and credit amounts to claim the Earned Income Tax Credit and Child Tax Credit when you file your taxes in 2020.
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If you are unable to file your taxes by the April deadline, you can file for an extension, which provides an additional six months to submit your tax return.
Tax credits help families and their communities thrive. Sign up to help spread the word about these important tax credits and free tax filing. We send occasional emails with resources to help your work.
