r/personalfinance • u/zonination Wiki Contributor • Jan 31 '15
Reminder: Khan Academy still has basic explanations on taxes in the U.S. This should help you with understanding tax brackets, deductions, and other related information. Taxes
Basically a repost from last year, but I felt the need to remind people that this resource exists. There are some simple explanations of tax law in the U.S. over at Khan Academy. Here are a couple links:
And since retirement accounts tie into deductions:
Let me know if there's anything related I should add to this list. Happy filing!
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u/KeepPushing Jan 31 '15
Doesn't every school have elective classes? Just let this be one of them. I learned all kinds of skills in those classes including how to cook. You can't tell me that schools don't serve a higher purpose than just how to "learn and think". Learning taxes and understanding the history and purpose of it help students "learn any think" anyway. The more I think about it, the more I'm sick of this excuse for why we don't teach kids to do taxes in school. Just do it.