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6 Tax Myths You Should Know About
We all think we know the parts of the tax code that affect us. But do we really? If you believe some of these myths, you could pay more tax than you should.
Myth 1: Students are exempt
Myth 2: My child is working, so I can't claim him as my dependent
Myth 3: I'm over age 55, so I can sell my house tax-free
Myth 4: I had to buy my first house to be a first-time homebuyer
Myth 5: I can deduct my sales taxes
Myth 6: I'm married, so I have to file a joint return