It's that time again! Income tax season is upon us, and the library has a number of resources available to help you be on your way to informed tax and financial choices in no time!
Community Volunteer Income Tax Program
Every year at tax time, community organizations host free tax clinics for people with a modest income and a simple tax situation. These clinics are available to seniors, people with disabilities, single parents and others with a modest income who have basic, uncomplicated returns.
Family size is calculated as a single adult or couple and their dependent children under 18. If there are other adults living in the same household they would file a separate income tax return.
The service will not accept returns which show an annual income exceeding approximately:
- $35,000 for one person family
- $45,000 for a two-person family (combined income of a couple, or one adult with one child under 18 yrs)
- $47,500 for a three-person family (combined income of a couple with one child, or one adult with two children under 18 yrs)
- $50, 000 for a four-person family (combined income of a couple with two children, or one adult with three children under 18 yrs)
- $52,500 for a five-person family (combined income of a couple with 3 children, or one adult with four children under 18 yrs)
- $52,500 plus $2,500 for each additional dependent (under 18 yrs) for a family with more than five persons
The service will not do returns:
- which have legal or financial complications
- which have self employed income or employment expenses * exception applies
- which have capital gains or losses
- which have interest income over $1,000
- which have foreign property (T1135)
- which have foreign income * exception applies
- which have business or rental income and expenses
- for deceased persons or individuals bankrupt in this tax year (or the year before, if that return has not yet been filed)
Clinics will be held at both the Painswick Library and our Downtown Location
Painswick:
- Fri Mar 8, 12:30 pm-4 pm
- Wed Mar 13, 12:30 pm-4 pm
- Thu Mar 14, 12:30 pm-4 pm
Downtown :
- Mon Mar 18, 1 pm-4 pm
- Wed Mar 20, 1 pm-4 pm
- Thu Mar 21, 1 pm-4 pm
You can make an appointment to attend one of the clinics on the Barrie Community Information Directory.
BPL also offers a number of introductory resources to help with the basics – understanding how taxes work, income tax preparation, and financial literacy.