Can you spot the myths about taxes?

Taxes are complicated and they change every year so it’s no surprise there’s bad information out there that gets passed around as true.

We’ve got 7 tax “facts” for you to test yourself on – can you tell which ones are true and which are false?

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!