April: Taxes
If it’s April it means taxes. Our principle this month addresses understanding taxes and — particularly income and employment taxes. Learn more from our April 2019 Facebook Live.
Tips
Organize
Good organization may not cut your taxes. But there are other rewards, and some of them are financial.
Itemize
It’s easier to take the standard deduction, but you may save if you itemize, especially if you are self-employed, own a home or live in a high-tax area.
Pay on Time
If you can’t finish your return on time, make sure you file by April 15, 2019, form 4868, which gives you a six-month extension of the filing deadline.
Check out additional tips from Jump$tart Sustaining Partner Intuit.
Resources
To help you master this month’s principle, check out the National Standards in K-12 Personal Finance Education and Jump$tart Clearinghouse, or get started with a few free resources from our National Partners including:
- Hands on Banking
- Take Charge Today
- Link & Learn
- Money Smart for Adults
- Projects from Next Gen Personal Finance
- MyMoney.Gov