Filing tax returns can be a daunting task for students

By dara weinraub · Daily Trojan

Posted March 23, 2010 at 10:41 pm in News

1 Star2 Stars3 Stars4 Stars5 Stars (Votes: 4; Avg: 1.00)
Loading ... Loading ...

With April 15 quickly approaching, filing tax returns might appear daunting to some students.

The IRS, however, aims to make filing tax returns a simple process for everyone.

According to Jennifer Henrie-Brown, an IRS tax specialist, the IRS has an informative website that includes instructions to guide people through the filing process.

Civic duty · Most students who work full- or part-time jobs will have to fill out the 1040 tax form. Depending on income, some students will get a tax refund after filing their returns. - Geo Tu | Daily Trojan

If a student is not certain as to whether they should file a tax return, the IRS has three charts to assist students.

Most students who are obligated to file a tax return, according to Henrie-Brown, will fall under Chart A as singles under the age of 65 with a total income of at least $9,350. Students under the age of 24 can be claimed as dependents by their parents, but students who are claimed as dependents should still file their own taxes if they earned more than $5,700.

Even if a student is not expected by federal or state law to file a tax return, it might be beneficial for students with jobs to do so.

“There is a possibility that [students can] get refunded. If [a student] is not required to file a tax return, but the employer withholds federal income tax, the only way for [the student] to receive the money is to file a return,” Henrie-Brown said.

Though the IRS has attempted to make the process as simple as possible, some students still shy away from filing their own taxes.

“Even though I have a job, I’ve barely made any money,” said Ava Casados, a junior majoring in fine arts and psychology. “It’s definitely easier for my parents to [file my tax return] because there’s really not much work that needs to be done.”

Ari Stobaugh, a freshman majoring in political science, said she also relies on her parents to help with her tax return.

“I help my parents, but I basically let them handle my tax return because they’ve done it for 30 years and just know what they’re doing,” Stobaugh said.

Though many students at USC find it easier to have their parents handle their tax returns, Thomas Griffith, professor of law and taxation, said he believes students should attempt to file their own returns.

“Students should bite the bullet and try to do the tax returns [themselves],” Griffith said. “And if you make a mistake, don’t worry about it. As long as you are not trying to cheat the IRS, they will send you a letter either with the amount still owed or money because you paid too much.”

Griffith said the IRS instructions are fairly clear for students who take their time to understand them, and he thinks tax preparers are superfluous for students.

Since changes to the tax laws occur frequently, Henrie-Brown said it can be difficult for most people, especially students, to stay up to date. To make the process smoother, the IRS offers e-file, a “fast, easy and accurate solution to filing tax returns.” The service is available at www.irs.gov.

Students and others who earn an income under $57,000 can also use Free File, the free IRS version of e-file, also online.

“Free File asks simple questions and it completes your tax forms for you. It ensures that you get all of the tax breaks you are supposed to,” Henrie-Brown said.

According to Henrie-Brown, Free File has an accuracy rate of 99 percent as opposed to paper returns that have an 80 percent accuracy rate.

Students who file on Free File also receive an acknowledgment of receipt 48 hours after the IRS receives the forms.

But even with Free File and e-file and the IRS instructions, some students still find tax preparers helpful.

“I know e-file is really quick and does it for free, but I’m just scared that I won’t get the maximum amount of money,” said David Herrera, a junior majoring in accounting. “I don’t want to risk it, so I figured I’d just pay someone $60.”

Students who are worried about mistakes on their tax returns can speak with trained individuals from the Volunteer Income Tax Assistance Program who help low- to moderate-income taxpayers.

“Even I have made some mistakes but for students, books about taxes and preparers are unnecessary. The IRS site and instructions are just as good,” Griffith said.

While many students seek help from tax preparers or have their parents deal with it, a few choose to file taxes on their own.

Sarah Morris, a senior majoring in theatre, filed her own taxes last year to gain the experience.

“I wanted to feel prepared after college,” Morris said. “My parents helped me for three years, but [tax returns are] fairly easy. It’s mainly a lot of paper trailing so it’s more tedious than difficult.”

The tax process is slightly different for international students, who cannot do e-file or Free File at the federal level but can do e-file or Free File for the state level unless they had income exempted by a tax treaty, according to Rebecca Peterson, an international students adviser for the Office of International Services.

On March 26, at 4 p.m. in room 202 of Taper Hall, the Office of International Services will host a session to help international students fill out the California tax form.

Clarification: Ava Casados said she did not file an income tax return because she did not have an income last year.

Comments are closed.

More News

Turning the Page - A Daily Trojan Supplement

Daily Trojan Poll

The early morning shooting Wednesday near campus marks the second in a week. Does this change your perception of safety off campus?

View Results

Loading ... Loading ...

Archives

March 2010
SMTWTFS
« Feb Apr »
 123456
78910111213
14151617181920
21222324252627
28293031 

Browse Archives

Shooting on Raymond Ave

News

Commission grants USC control of Coliseum

Commission grants USC control of Coliseum

Following eight months of negotiations, USC obtained day-to-day control of the Los Angeles Memorial Coliseum in a vote by the Coliseum Commission on Monday.The stadium’s ...

USC Trustee Kenneth Leventhal dies at 90

Kenneth Leventhal, a USC life trustee and namesake of the USC Elaine and Kenneth Leventhal School of Accounting, died Tuesday morning in Los Angeles. He ...

Steve A. Kay to be new dean of USC Dornsife

Steve A. Kay, a biology professor from UC San Diego, was appointed the 21st Dean of the Dornsife College of Letters, Arts and Sciences on ...

LAPD, DPS officers to be added to USC area

Numerous measures will be added to secure public safety in and around the university, including additional Los Angeles Police Department officers, technology and education.At a ...

USC forever changed by LA riots

Twenty years ago, on April 29, riots broke out in the city of Los Angeles not far from campus. The 1992 Los Angeles riots carried ...

University almost unhurt by the riots

This article was originally published May 4, 1992, in a special edition of the Daily Trojan. The city will remember the 20th anniversary of the ...

Opinion

Obama’s gay marriage views elicit reservations

Obama’s gay marriage views elicit reservations

Never has an American president openly supported gay marriage — that is, until President Barack Obama declared his monumental stance last week.Much of our progressive ...

Introspection can motivate, benefit mind

Summer has finally arrived, which means three months of great weather and plenty of exciting things to do, whether it’s in Los Angeles or back ...

Lanes won’t solve USC’s bike problem

Students and administrators have been racking their brains for a solution to the bicycle congestion on campus.But a new bike policy isn’t going to change ...

The marijuana debate is just getting annoying

April was a big month for drugs. From Rihanna rolling a blunt on top of some guy’s head at Coachella to Santa Cruz’s renowned 4/20 ...

Grads: don’t give up hope

As if soon-to-be college graduates need any more reminding, the Associated Press reported Monday that one in two new graduates is jobless or underemployed. According ...

Manufacturing will revamp job market

Industrialization began with modest advances in technology that made once-tedious tasks quicker. The second wave of innovation utilized assembly lines, factories and specialization of manual ...

Sports

Trojans suffer sweep at hands of Ducks

Trojans suffer sweep at hands of Ducks

After being swept by No. 5 Oregon over the weekend, USC is on a skid unlike any the team has experienced all season. Seven consecutive ...

Women of Troy fall in national title game

No. 3 USC lost a defensive battle to No. 1 Stanford 6-4 on Sunday in the NCAA tournament final, as the Cardinal fended off multiple ...

Trojans roll past Aggies in first round of NCAAs

After kicking off the NCAA championships with two sweeps, the men's tennis team looks to string together four more wins to capture its fourth-consecutive NCAA ...

Trojans stumble in NCAA championship game against UC Irvine

No. 1 UC Irvine upended the No. 2 USC men's volleyball team in straight sets to win the NCAA championship Saturday with scores of 25-22, 34-32 ...

Trojans punch ticket to NCAA title game with four-set win

The USC men’s volleyball team earned a spot in the NCAA championship match against UC Irvine after beating Lewis University on Thursday at the Galen ...

Lifestyle

Heavy metal band falls short of potential

The band name Bloody Knives carries the weight of a heavy metal, hardcore punk band’s alias.But the title is deceiving: Artistically choosing to put aside ...

Indie-rock band hopes to remain close to its roots

For L.A. indie-rock quintet Vanaprasta, numbers are everything.Numbers, as guitarist and vocalist Collin Desha explained, “just sort of wrapped everything together.”In one instance, as the ...

Dark Shadows favors camp over story

In a nutshell, Tim Burton’s cinematic style could be described as dark, eccentric and humorous.Anyone familiar with Burton’s previous work, including Corpse Bride and Alice ...

Le Salon de Musiques innovates intimate live concert experience

A sharp intake of breath at the start of a measure, the soft brush as a bow hits the strings --— these intimate details happen ...

Comics offer incentives to maintain readership

It’s a strange time for comics. It’s a strange time for media. Newspapers and books are struggling with the digital market, while films and music ...

Photos

In Photos: Los Angeles Times Festival of Books

In Photos: Los Angeles Times Festival of Books

The university hosted the annual Los Angeles Times Festival of Books Saturday and Sunday, bringing Angelenos to campus to celebrate and enjoy reading, books and music. ...

In Photos: Students protest sweat shop use

Student Coalition Against Labor Exploitation led a group of students in protest on Thursday against university's manufacturing of some USC apparel in sweat shops.Photos by ...

In Photos: Expo Line Tour

The much-anticipated Expo Line is slated to open Phase 1 of the project April 28, 2012, connecting Downtown Los Angeles and the university to La ...

In Photos: Songfest 2012

Various student groups performed five-minute musical skits at Songfest on Friday in Bovard Auditorium. The money raised goes to Troy Camp. [caption id="attachment_49803" align="alignnone" width="581" caption="Members ...

In Photos: LAPD/USC press conference

LAPD and USC held a press conference Friday to announce a $125, 000 reward for information leading to the arrest and conviction of the suspect ...