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Taxes 101 Tips from the Cash Academy

Frequently Asked Questions

Who can you claim as a dependent?

There are a few requirements that people need to meet before they can be claimed as a dependent, like providing more than half of the dependent’s financial support.

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What is a tax return?

A tax return is a tax form that outlines a taxpayer's information like their income, deductions, dependents, tax liability, and more.

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What is a tax refund advance?

A tax refund advance is a type of loan that gives a portion of a taxpayer’s future tax refund in advance. 

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Can you file single if you’re married?

When you’re legally married, you’ll want to use the married filing jointly or the married filing separately tax status. Learn more about how these statuses work to know what you need to do.

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What happens if you file taxes late?

Filing taxes late can potentially cause any tax payments to also be late, resulting in potential fees and charges you probably want to avoid.

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