2017 Income Tax Help
The Senior Center offers free income tax assistance for the 2017 tax year: February 5 thru April 17, 2018, by appointment only. Please book your appointment on the Taxaide website: LHCTax.as.me Be sure to type this address in the URL block at the very top of the search page NOT in the Search block.
Remember your Required Minimum Distribution (RMD). All taxpayers 70-1/2 years old or older must take their minimum distribution from all retirement accounts – 401(k), IRA, etc. by the end of each calendar year. More information on RMDs:
If your spouse passed away in 2017, you can still file a joint tax return. But if your spouse passed away in 2016 and you have no dependent children, you must file as a Single person with a significantly higher income tax. Please consider increased withholding or Estimated Tax payments to cover a greatly increased tax bill. Life insurance proceeds are generally not taxable, but if you receive a 1099 death benefit (Code 4), that amount is fully taxable. Please consider increased withholding or Estimated Tax payments to cover this tax obligation.