In partnership with The Ohio Benefit Bank and MyFreeTaxes, an online tax preparation website, United Way of Hancock County is offering two ways for low- to middle-income families to file their taxes for free.
Households earning less than $66,000 in 2017 can file both federal and state returns for free using MyFreeTaxes.com. This is the only free, national, online tax filing product offered by a nonprofit.
Some “free” tax preparation products only offer federal, not state filings or charge extra for anything beyond the most basic forms. MyFreeTaxes is completely free for individuals and families who qualify whether the filer has lived in multiple states, works freelance or earns investment income. MyFreeTaxes can be accessed by going to http://myfreetaxes.com.
Another option for free tax preparation is The Ohio Benefit Bank. To use this online service, households filing a joint return with a spouse must have an adjusted gross income (AGI) of $95,000 or less. Households with adults who are not married or not filing jointly must have an AGI of $65,000 or less. Special features of The Ohio Benefit Bank include:
- Simple-to-follow instructions for first-time users
- Step-by-step guidance
- Error checking
- Direct deposit option
- Federal tax filing
- State tax filing for residents of North Carolina, Ohio, Pennsylvania, South Carolina, and Virginia
- Back tax filing up to three years
- Refunds within 7-10 days
In addition to filing taxes with The Ohio Benefit Bank, there is an online screening tool that estimates eligibility for benefits. Based on the user’s answers to a few questions, a results page will populate with program information and a rough estimate of household eligibility for various benefits and tax credits. Upon completion, the user can create an account with The Ohio Benefit Bank to start an application. Creating an account gives access to all applications and guidance available from the service. The Ohio Benefit Bank can be accessed by going to http://ohiobenefits.org.