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That number jumped to40% when they polled Gen Zand self-employed filers.
Courtney Alev, Credit Karmas head of tax and consumer financial advocate, said thats understandable.
Many aspects of the filing process can be overwhelming, she said.
Do your research to understand what the best tax filing option is for you.
Regardless of which option you go with, you should know there are free options available.
If youve only worked one job, this might be easy.
Keep track of that paperwork, because it makes life easier.
Alev added, Filing taxes is way easier when youre not scrambling for missing documents.
Realize thatsome employers or clientssend W-2s or 1099s electronically.
Youve got to know what email you used when you signed up, Ruggiero said.
Thats an adult conversation that many students or new employees are not used to having with their parents.
Likewise, new adults may have dividends or interest in an account from their childhood they didnt know about.
As adults, its important they declare this income to avoid under-reporting.
But if thats cost-prohibitive, consider expert help available through tax software.
Consulting a qualified tax professional is always recommended if you have any questions, Alev emphasized.
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