May 16, 2016

Question: When Do People File Their Tax Returns?

Answer: At the last minute. From FiveThirtyEight.com

Screen Shot 2016-05-15 at 9.57.56 PM

A few questions:

  • What would be an appropriate headline for this chart?
  • For the 3/4 of tax filers that are getting a tax refund, when is the optimal time to file taxes?
  • What are reasons that you think so many people wait until the last minute to file their taxes?
  • How are taxpayers able to get an extension on their tax returns? What steps do they need to take?

Want this resource and questions in slide format to use in class? Click here!

 

 

About the Author

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

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