Tax Simulations

Everyone has to bargain with taxes at some point, but not all taxation situations are the same. Acquire well-nigh how to prepare and file taxes through the following tax simulations to remove the fear of Tax Day, forever!

There's more to know almost taxes than that they are just taken out of your paycheck!

Taxes are taken from your gross pay to pay for things like roads, first responders, and public schools. You may do good now from paying these taxes.

Your Medicare and Social Security taxes help pay for health care and living costs for citizens who are retired or disabled. Yous may benefit now or later from paying these taxes.

You'll need to file your taxes each year to brand certain that you've paid the right amount. If you paid also much in taxes during the by yr, you'll get a refund. If you've paid too little in taxes, you lot'll owe the IRS coin.

Learn more nigh how to file for specific tax situations by helping a character prepare their ain taxes. Select a tax simulation to brainstorm!

Tax Simulations

Click the Filing Your Taxes simulation to brainstorm. In one case you take completed the get-go simulation, select one or more of the remaining simulations to explore how dissimilar life situations can impact your taxes.

twenty-25 min

Filing Your Taxes

Carlos learns how to file his taxes using tax grooming software.

5-10 min

Taxation Credits for Families

Martin helps his family claim child deductions that they have missed in the by.

v-10 min

Taxes for Gig Workers

Chinwe is surprised to acquire her gig-economy job is considered self-employment and that she needs to pay taxes.

5-10 min

Taxes for Students

Dana learns how to study tuition statements from her school and about claiming student loan interest and educational expenses on her taxes.

five-10 min

Taxes for Investments and Cryptocurrency

Ailani learns her responsibilities in reporting earnings from investments and cryptocurrency on her taxes.

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