#FearlessFebruary: Filing Fears

29 Feb

This month, I did something just about every adult in North America does this time of year: taxes. While this might seem to be a mundane task, it was quite frightening for me, as it is for many first time filers. Now that I have filed though, I see that it was not as bad as I thought it was going to be and I started wondering where the stigmas and fears come from.

Part of the fear stems from the fact that this is something “adults” do. While I am over the age of 18, it has not seemed to hit me yet that I am considered an adult. I am still in school and doing many of the same things I was doing when I was underage; as a result, I have not yet fully transitioned into “adult mode”.

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Another part of the fear comes from the stigma that filing taxes is hard and takes a long time. Growing up, at least for me, February-April was a time of stress and anxiety. My parents would pour over every receipt looking for ways to get more money back, and as a result they noticed all the frivolous money they had spent over the year and the tension in the house was high. Luckily for me, I keep a pretty good track of what I spend, and the actual filing was fairly easy because I used an online program. I filed mine within two hours, which considering I had no clue what I was doing, it went pretty fast.

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The final fear people have when filing their taxes is that they will mess up and they will owe money or be accused of fraud (or at least this was my fear). In the end though as I said before, filing was fairly simple and while you may end up owing some money, every case is different, at least you’ll know that you passed this large milestone.

Taxes Blog 4

-Chrissy Ellis

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