Tax Season 101
An OppLoans Explainer E-book
If you’ve never filed your own taxes before, just the idea of it can seem scary and overwhelming. There are long, complicated forms to fill out and terms you may not have ever heard before. What’s a Form 1040? What do they mean by “a dependent”? What’s the IRS, and why do they get so much of my money?
Those are all good questions, and ones we’ll answer here. We’ll admit it—doing your taxes is a little bit of a headache. But like many things, it’s much easier with help. That’s why we’re here to explain the basics of how (and why) to do your taxes!
So whether you’re a first-time filer or just want to feel more confident walking into your accountant’s office, we’re here to help you tackle tax season 2017.
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Table of Contents:
- Taxes: the basics
- How do taxes work anyway?
- Step 1: Preparing to File
- Step 2: Select your method of filing
- Step 3: Filing & receiving your tax return
- Glossary of terms you may encounter
- Tax FAQs
- About the experts
- Works Cited