The tax deadline is tomorrow!
Monday April 18th is the 2022 tax deadline. If you haven’t filed yet, it’s not too late!
We’ve covered some of the major tax topics over the last few weeks and we’re wrapping up this year’s tax coverage with a quiz. Below are 7 commonly shared tax “facts” – can you spot what’s true and what’s a myth?
1. I filled out my W-4 (withholding form) when I started my job 5 years ago, so I don’t need to worry about it.
2. I’m a student. I don’t have to pay taxes.
3. Sometimes It’s better to NOT make more money to avoid paying more in taxes because of a higher tax bracket.
4. A mistake on your taxes impacts your credit score.
5. If I file an extension, I have until October 15 to pay my taxes.
6. If I have an internet business, I don’t have to pay taxes on that income.
7. I don’t make enough money to get audited.
How many are true and how many are myths? Read the whole story here to find out how you did!