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Pre-Medical - DO
AACOMAS Fee Waiver With No Tax Return
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<blockquote data-quote="danno6623" data-source="post: 20984685" data-attributes="member: 848843"><p>For any future readers of this thread, if you didn't file because your income was below the threshold (and you're not a dependent), your only option is the file late so you can obtain your tax return transcripts so you can send them in to AACOMAS. Because your income is low, there's almost no chance you'll incur any penalties for filing late. The IRS calculates penalties based on how much you owe, which shouldn't apply to you if your income is below the filing threshold. </p><p></p><p>After calling the IRS, I was given an estimated 3-week processing time before I'll be able to access my tax return transcripts. I suggest not only filing ASAP, but also setting up an IRS account ASAP so you can obtain your tax return transcripts once they're done being processed. The IRS account setup can take weeks if they can't associate your identity which your phone number (which happened to me), because they have to mail your security code so you can finish setting up you account. Therefore, take care of this when you file so there isn't a delay in being able to access your tax transcript. </p><p></p><p>For filing, I used the TurboTax Free File Program, which was extremely simple and fast. The link is <a href="https://turbotax.intuit.com/taxfreedom/">TurboTax® Free File Program, Free File Alliance, Intuit Tax Freedom Project</a> </p><p></p><p>For setting up your IRS account to view your tax transcript once it's available, go to <a href="https://www.irs.gov/payments/view-your-tax-account">View Your Tax Account | Internal Revenue Service</a></p></blockquote><p></p>
[QUOTE="danno6623, post: 20984685, member: 848843"] For any future readers of this thread, if you didn't file because your income was below the threshold (and you're not a dependent), your only option is the file late so you can obtain your tax return transcripts so you can send them in to AACOMAS. Because your income is low, there's almost no chance you'll incur any penalties for filing late. The IRS calculates penalties based on how much you owe, which shouldn't apply to you if your income is below the filing threshold. After calling the IRS, I was given an estimated 3-week processing time before I'll be able to access my tax return transcripts. I suggest not only filing ASAP, but also setting up an IRS account ASAP so you can obtain your tax return transcripts once they're done being processed. The IRS account setup can take weeks if they can't associate your identity which your phone number (which happened to me), because they have to mail your security code so you can finish setting up you account. Therefore, take care of this when you file so there isn't a delay in being able to access your tax transcript. For filing, I used the TurboTax Free File Program, which was extremely simple and fast. The link is [URL="https://turbotax.intuit.com/taxfreedom/"]TurboTax® Free File Program, Free File Alliance, Intuit Tax Freedom Project[/URL] For setting up your IRS account to view your tax transcript once it's available, go to [URL="https://www.irs.gov/payments/view-your-tax-account"]View Your Tax Account | Internal Revenue Service[/URL] [/QUOTE]
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