Free tax prep services available for Alabama families - WSFA.com Montgomery Alabama news.

Free tax prep services available for Alabama families

MONTGOMERY, AL (WSFA) -

Free income tax preparation services are available for Alabama families starting Monday. Services are available for families making less than $52,000 a year with children in the home or $20,000 per year without children in the home.

Impact Alabama's SaveFirst initiative is aimed at assisting families eligible for the Earned Income Tax Credit -- an antipoverty program for low-income, working families. However Montgomery families lose millions of dollars every year to commercial tax preparers simply to access this benefit, according to Impact Alabama.

This is the eighth year of the initiative. Last year, more than 425 trained students from more than 16 campuses prepared tax returns for more than 6,200 families statewide. Tax services are provided in coordination with Huntingdon College, The University of Alabama, Auburn University Montgomery and Troy University Montgomery.

This is also an opportunity for families to enter the SaveNow WinLater Sweepstakes for a chance to win $5,000 by investing in savings bonds. For every $50 eligible families invest in a federal savings bond, they will earn a chance to win a $5,000 jackpot.

Alabama residents interested in participating in SaveNow WinLater or in scheduling a free tax preparation appointment should call 1-888-99-TAX-AL. Daytime, evening and weekend hours for tax preparation are available for Montgomery-area residents at Old Cloverdale Junior High School located at 1125 E. Fairview Ave.

There are tax site locations across the state. For a full list and more information, visit the Impact Alabama website.

Copyright 2014 WSFA 12 News. All rights reserved.

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