Tax filing can be an overwhelming process, especially for first-timers. For this reason, it comes as no surprise that the youngest generation in the workforce, Gen Z, is finding tax filing to be an unintuitive process.
According to a recent survey conducted by GOBankingRates, 36% of 18- to 24-year-olds found taxes to be the most confusing financial task. While Gen Z is the generation most confused by taxes, more than one-fourth of all Americans are struggling with this financial task. Here are 5 tax basics every Gen Zer needs to know.
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