Name: Average Gen Z understands less than 50 percent of the tax filling process
Uploaded: 2024-02-29T09:19:20+00:00
Duration: 1 min 8 s
Description: The average Gen Z American estimates that they only understand about 44% of the tax filing process, according to new research. A survey of 2,000 Americans 18-26, conducted by OnePoll for TurboTax, loo

1 month ago

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The average Gen Z American estimates that they only understand about 44% of the tax filing process, according to new research.

A survey of 2,000 Americans 18-26, conducted by OnePoll for TurboTax, looked at how they’re feeling about tax season and found that over half (56%) admit they’re intimidated by the process of filing their taxes.

Interestingly, the same percentage of respondents “very much” look forward to filing their taxes (29%) as those who aren’t looking forward to it at all (28%).

Gen Z is even looking to get ahead of the curve — by the time of the survey, nearly a fifth of respondents already filed their taxes for this year (17%).

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