Personal Finance Taxes

Q&A: Why should I do my tax returns?

The main reason to do your tax returns is because it is a legal obligation of living in the United States. But beyond that, you should do it if you want some of your own money back! The federal (and state) government takes taxes out of each of your paychecks throughout the year and, more often than not, they take more out than necessary. So by filing a tax return, you are able to get what is called a “refund”, or a return of taxes that you overpaid.

See also:
Q&A: How can I file my tax return?
Q&A: How late can I file my tax return?

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