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Montana State U. students offering free tax return help through April 2nd

Accounting students from Montana State University’s Jake Jabs College of Business and Entrepreneurship are offering free help preparing tax returns for MSU students and individuals who made less than $58,000 last year, the University announced on Wednesday.

The 2016 help sessions will be held on the MSU campus, in Jabs Hall 215, on the following Tuesdays and Saturdays: Feb. 2, 9, 16, 23; March 1, 5, 8, 22, 29; and April 2. Tuesday sessions will be held from 5:30-7 p.m., and Saturday sessions will be held from 9:30-11 a.m. No appointment is necessary. Sign-up sheets will be posted at 5 p.m. before each Tuesday session and at 9 a.m. before each Saturday session. Additionally, tax assistance for international students and employees begins Tuesday, Feb. 16.

Upper-division accounting students will be available at all sessions to prepare federal and state income tax returns and answer tax questions. Free electronic filing will be available for most 1040 forms.

Individuals who are interested in free tax preparation assistance are asked to bring their 2015 W-2 forms, Forms 1095-A, B or C (Affordable Care statements), other tax documents, a picture ID, social security cards and copies of their 2014 tax returns. International students/employees should also bring their passports and visas.

The student accounting volunteers are part of the Volunteer Income Tax Assistance (VITA) program, established by the IRS to assist people who may have trouble paying for tax preparation services. The program also gives accounting students hand-on, practical experience.

Each volunteer student has passed an IRS tax prep exam, completed at least one comprehensive tax course, received specific training related to common tax issues and has access to a variety of federal and state reference materials. The sessions are sponsored by the MSU Jake Jabs College of Business and Entrepreneurship and Beta Alpha Psi, an honorary organization for financial information students and professionals.

For more on the Jake Jabs College of Business, head to their site here.

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