For Millennials, Taxes + Paper = #Winning

Feb 19, 2016
Jorrian-TEMPBy Jorrian Whaley
Coordinator, Communications

Millennials tend to get a bad rep for constantly being online; people assume we are always plugged into our electronics and tuned out, but when it comes to filing our taxes that is definitely not the case. I can say from my personal experience with taxes that it gets confusing and is not something we learned in school. I filled out everything as accurately as possible and hoped for the best, asking my equally confused friends for advice along the way.

A survey came out this week that found Millennials use paper forms to file their taxes more than any other age group. This is my third year of filing taxes on my own, and I am a lot more confident about knowing what needs to be done. This boost in confidence comes with doing my taxes on paper, not electronically. I use paper forms because it is more detailed and accurate. Just like taking notes in class, when you write something down you decrease your chances of getting it wrong and increase your ability to remember it. The more accurate my information is, the better chance I have to get the maximum amount returned to me, which is what ALL of us want. We are all a little nervous about managing our finances, especially right out of college, so when it comes to something as important as taxes, the shortcut is not the best option.

Many of us watched our parents file their taxes on paper and we followed that lead because it works. This is why supporting bills such as the Personal Access to Paper Election Reform (PAPER) Act (S.B. 2478) are so important. Rep. Dan Benishek (R-MI) introduced the PAPER Act to require the IRS to mail paper forms to any individual who filed a paper return for the preceding taxable year. It’s a bill that gives me the ability to continue doing what works for me.

Just think about all the times you sent an email or text only to see a simple mistake or typo after it has already been sent. That is the last thing I want to happen on my taxes, especially when a simple mistake could cost me money. So while clicking away on online taxes may seem like every Millennial’s first choice, paper is still my go to.