In the (mostly) immortal words of Tom Hanks: There’s no crying in tax season.
But for Gen Z,tax seasonanxiety is very real.
A recentCNET tax surveysurvey found that 51% of Gen Zers have tax filing fears.
Find free tax resources
You don’t have to pay someone to learn how to file your taxes correctly.
There are free resources available online to help you get started.
“There are definitely some resources available out there for getting free tax help,” said Bowman.
AI can also be a helpful tool, but it’s been known to show incorrect or outdated information.
When in doubt, turn to a CPA, accountant or tax attorney to double-check your tax return.
But before you transfer your credit card data, compare differentsoftwareoptions – you may be able tofile for free.
There are many ways to file for free.
You might also qualify to file for no cost through IRS options likeIRS Free FileorIRS Direct File.
Want your refund faster?
“Filing early is always a good idea,” said Bowman.
“This gets you your refund as soon as possible.”
Find a few hours on your schedule to sit down and get started on your taxes.
You might find it takes less time to file than anticipated.
And if you don’t finish everything right away, that’s OK.
Most tax filing software makes picking up where you left off easy.
So if you earned money that wasn’t taxed, the IRS is going to know about it.
When you make money through an employer, taxes are typically withheld.
But when you freelance, you receive your earnings tax-free.
The IRS also imposes a 15.3%self-employment taxon this income to pay into Social Security and Medicare.
“Keep good records.
More tax filing advice
