GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

A worried man checks the bills and looks at the financial analysis of expenses in his modern kitchen. stock photo

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

Here are more details about the study and some of the most common misunderstandings abouttaxes in each generation.

facebook sharing button

Do Taxes Always Need To Be Filed?

This is particularly true if federal withholdings were taken out of their paychecks.

Its also beneficial to file if these individuals are eligible for certain refundable credits.

twitter sharing button

Not filing would mean missing out on any refund they would be entitled to.

Do Immigrants Have To Pay Taxes?

According to theTax Policy Center, immigrants of all legal statuses pay taxes.

linkedin sharing button

Are Students and Cash Earners Untaxed?

While some students may not need to file taxes, there are circumstances in which they should.

According to theIRS, unmarried dependent students should file taxes if their income is over a certain amount.

email sharing button

More From GOBankingRates

Share This Article:

The Latest inTaxes