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Financial Literacy in Action
Tutorial 4: Ten Things a College Student Should Remember at Tax Time
 
 

Access Tax Tips
Answer the following questions:

  • Describe the three tax tips that impressed you the most.
  • Why would it be a good idea for every college student to read this web page before filing his or her tax return?
  • Why would the author agree with the following advice: “Don’t automatically file a 1040 EZ form. Don’t mail your tax return the moment you finish it and file a return, even if you’re not required to do so?”
  • Explain the differences between the following: tax credits and/or deductions: Hope Scholarship Tax Credit/ Lifetime Learning Credit/ Higher Education Expenses Deduction.
  • Which is the most important of the 12 tax tips? Explain.
 
Taxes - Tutorial 4: Ten Things a College Student Should Remember at Tax Time
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