Three Good Reasons For College Students to File Their Tax Return
Today’s date is April 28th. So if you worked last year and haven’t filed a tax return, you’re late. That is reason number one. If your a college student investigating how to pay for school, you also have two more.
2) You (and possibly your parents) need to complete your tax return before your FAFSA application can be filled out completely and accurately. Many of you may have chosen the option of estimating income numbers, when filling your aid application out. Your school may still ask for copies of your return(s) though for verification.
3) Tax rebates start going out today! You’ve probably heard or read this in the news already. Most of us this year are going to be getting a $600 to $1,200 rebate back from the federal government on top of whatever tax return we are owed. But you have to file a 2007 return to get it. Though you may already have plenty of things to earmark those dollars for, now is a great time to have a bit of free cash at your disposal for things like school and scholarship application fees, needed supplies for dorm life, or gas and food money for college visits.