The Myth Of Filing Taxes In The United States

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The tax system is an important part of our country's method of ensuring that government leaders are paid, roads are maintained, and we have a well-armed military to defend all of our citizens. But that doesn't stop the millions of people who live in the United States from dreading the complicated procedures set up by the Internal Revenue System (IRS) that they have to go through to pay their fair share of the expenses each year. Part of the reason for this is that there are so many myths surrounding the process. Unfortunately, those who believe in them end up with costly fines and legal problems though. So to help clear things up, the following is a list of five of the top tax myths and the real truth behind them all.

Filing Taxes is Optional …show more content…

This isn't true though. The IRS website shows a detailed list for the current year of who does and doesn't have to complete a tax return, and it is based on their age, filing status, and income level for the year. It starts at about 10,400 dollars for a single filer who has no dependents. This amount is raised for those who are over the age of 65 years old or those who would normally be filing as head of household with dependents. However, just because a person falls under these amounts that are set doesn't mean that they should not file. Many people with low income amounts still get sizable tax returns because of the deductibles that they qualify

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