Nationwide, 2013 tax preparation services for a Form 1040 and a state tax return are projected to cost filers $261 apiece, according to the National Society of Accountants. So, how much will Omaha, Neb., residents have to fork over to have their 2013 tax returns prepared and filed?
Of course, tax preparation fees vary by region. Federal and state tax forms for residents in Nebraska racked up an average $196 in fees. According to IRS data, current tax refunds are averaging $3,034 — giving you a little extra incentive to file now.
Whatever the costs end up being to file your 2013 federal and state tax forms, finding discounted or free tax preparation services for your 2013 tax return will be crucial, especially if you have to pay Uncle Sam this year. GOBankingRates has found three ways Omaha residents can save money on their taxes this 2014 filing season.
1. Free State and Federal Tax Return Filing Options
Bill Hendricks, co-founder of Common Form, Inc., said that Omaha residents have access to free tax filing through a state-run site. “File your state income tax return for free on the Nebraska Department of Revenue’s website,” he said. “Many paid software packages charge up to $40 for state returns; you can do yours free using this state-run site.” (You can access the site at: http://www.revenue.nebraska.gov/electron/ind_e-file.html.)
According to Hendricks, “if you have a simple tax situation,” Omaha residents can ”use free online software such as Common Form to file your federal return. This start-up is offering completely free 1040EZ returns throughout 2014.”
2. Significant Tax Preparation Savings With Local Discounts
Liberty Tax Service in Omaha offers customers 30 percent off tax preparation services. Simply go to its website, print off the coupon and present it during your appointment. Who doesn’t love savings and a money-back guarantee?
Additionally, according to Jackson Hewitt’s website, visitors who bring in an online coupon to participating offices could qualify for $20 off their tax preparation services. Once all of your tax information is prepared, free electronic filing could be available along with “MY JH,” Jackson Hewitt’s online system to help filers check the status of their return 24/7.
3. Free Services and Assistance Through VITA
According to the Omaha World-Herald, the Omaha Earned Income Tax Credit Coalition can help local residents making up to $58,000 annually take advantage of free tax preparation services with the help of trained volunteers at five Volunteer Income Tax Assistance locations throughout the Omaha-Council Bluffs region.
Make Sure You Don’t Pay More Than Necessary
Whether you choose to prepare and file your taxes online or with the help of professional assistance, there is no reason for should pay full price. Use one of these methods to get free or greatly discounted tax preparation services in Omaha.
Photo Credit: Lending Memo