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![]() Monday, Feb. 23, 1998 |
Students solutions to tax day differEditor's Note: This is the first article in a six-part weekly series on taxes. This story focuses on the ins and outs of tax information.By ERIN HAZARD Collegian Staff Writer
In Mom and Dad we trust. As tax day quickly approaches, many students aren't feeling pressured to get their taxes in on time. Instead, they are looking to their parents to get the paperwork in before the April 15 deadline. |
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Corey Spooner (junior-management science and information systems)
said he trusts his dad to fill out the tax forms every year, and
knows very little about the entire process.
"I've never had to learn to do it," he said.
This scenario is common for many University students, especially
because many receive their forms at their home addresses.
Sometimes the family accountant does the work for taxpaying students
instead.
Brian Sirhal (sophomore-hotel and restaurant management) said
he leaves the work to his parents' accountant. Most students probably
have their parents do their taxes, Sirhal added, because they
are already doing their own.
Some students, however, will be faced with the ominous task of
doing their own taxes this year. For those students, Sirhal suggested
finding a friend who is an accounting major.
However, for students who don't have accountant friends, the process
doesn't have to be a nightmare.
Getting the necessary forms may be the first hurdle that taxpayers
face. The Internal Revenue Service's 1997 1040 instruction booklet
suggests where taxpayers can find help and forms. The booklet
can be found at many libraries, post offices and IRS offices,
according to the booklet.
In State College, taxpayers can get the booklet and other necessary
forms at the State College branch of the U.S. Postal Service,
237 S. Fraser St., or at Schlow Memorial Library, 100 E. Beaver
Ave. During tax season the IRS office at 315 S. Allen St., Suite
316, can help with both forms and questions, according to the
State College Borough Citizen's Answer Line.
Knowing what to do with the forms can be just as taxing as finding
them.
The IRS does offer many different support systems for those perplexed
by the myriad forms and items, according to a news release from
the organization.
Those who have World Wide Web access may find all the help they
need at www.irs.ustreas.gov. This Web site offers advice on places
to turn for assistance, how to file taxes, and how to download
forms and helpful publications. The site also posts any changes
to the year's forms and allows visitors to pose questions through
E-mail. Those seeking help from an actual person can call the IRS's toll-free helpline at (800) 829-1040. The helpline is open from 7 a.m. to 11 p.m. Monday through Saturday, according to an IRS news release. |
Copyright © 1998, Collegian Inc., Last Updated -
2/23/98 1:16:44 AM