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.

[u/zonination]

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:

• Introduction to Tax Brackets
• Introduction to Deductions
• A link to all lessons in the Tax Portal

And since retirement accounts tie into deductions:

• Link to the Retirement Accounts lessons

Let me know if there's anything related I should add to this list. Happy filing!

[u/ksb28390]

I have a question about filing taxes. I'm helping a friend, who made 17K last year, paid 884.04 in taxes with her employer. She has a grown son who lives with her, doesn't work, and who she supported all 12 months. Neither have health insurance, and in NC where we all live, there is no subsidy through medicaid because of the jerks in raleigh who declined that in protest to the law passing. The least expensive coverage for both her and her son is $477, which is far above the 8% threshhold for unaffordable coverage. That's the background. She went to two big tax prep companies, one in a superstore, and another that is probably the largest, both of whom said she would only get back 38.00 after their fees. I did a quick and dirty run through on a tax prep software page, and it is showing she should get all her taxes back. Any comments, advice, warnings, knowledge anyone can offer about whether she would be safe to file herself rather than going through one of these companies? What are we missing.

[u/zonination → u/ksb28390]

This would probably be a good question to ask in a thread of your own.

Hope you get the answers you need! :)