1. If you’re a teen, you might not have to file! For those working a seasonal or part-time job, your income is likely below the minimum requirement for filing.
2. Organize! If you do have to file a tax return, make sure you begin gathering the necessary paperwork from your employer and keep it in a safe place. The general rule is to keep records for seven years.
3. Start early! As soon as you have all your documents, begin preparing your tax return so you have time to save money if you owe additional taxes.
4. File safely! If you plan to file online, make sure to do so safely and protect your information. One of our great financial literacy partners, TransUnion, has some great advice on their blog about how to protect your tax return from identity theft.