Should I use a 1040EZ or 1040A this year? My seventeen year old did not live with me in 2011, can I still claim him as a dependent? Do I qualify for earned income credit? These were just a sample of questions Globe University –Madison West students and staff answered as they volunteered for VITA (Volunteer Income Tax Assistance) program preparing tax returns for low-income residents in Madison.
Spearheaded by Tracy Springer, Madison West’s Accounting Program Chair, the initiative became a perfect fit for her Tax I students as they were able to practice what they learned in the classroom directly to clients. Through their efforts, Jacob Dischler, Tracy Hanson, Panny Lewis, Tosha Onani and Tracy Springer exceeded last year’s efforts. Jean Norlund, VITA Site Coordinator explains, “The VITA program at the Lussier Community Education Center is indebted to the many GLOBE staff and students who trained under the guidance of Tracy Springer to certify for this volunteer experience. Their participation allowed us to prepare tax returns for 121 taxpayers, bringing $218,438 in refunds back into the community.”
Tracy reflected proudly on their efforts, “This was a great experience for both me and my students. It was fantastic opportunity for us to be able to work with people and really help them out with their tax returns.”
Tracy added that she plans to have her students participate again next year.