Understanding Taxes: What Every Student Should Know
As a college student, you might not think much about taxes, but understanding the basics is crucial for managing your finances effectively. Whether you’re working part-time, receiving financial aid, or even starting your own business, taxes play a significant role in your financial life. In this chapter, we’ll break down the essentials of how taxes work, why they matter, and what you need to know to stay compliant and save money.
Tax Help
At the University of Idaho, Volunteer Income Taxation Assistance (VITA) helps students with taxes during the tax season. They are typically open from March to April, please contact VITA and the College of Law to ensure the operating times of VITA. For International Students, please contact the International Programs Office for Tax Assistance and specific documentation.
