Tax Tips 3 Tax Tips for Millennials to Own Their Personal Finances Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Published Apr 4, 2019 - [Updated Jul 12, 2019] 2 min read If you’re a millennial, you’ve likely just graduated from college, started your first job, or maybe you’re looking to rent or buy your own place for the very first time. We know that this can be a pivotal time in your life, and it can be hard to stay on top of your finances when you’re likely trying to balance paying off debts, such as student loans, while managing current bills, like rent, and beginning to invest in your future and retirement. We know it takes a little extra help, so our TurboTax Live CPAs and Enrolled Agents are here to share some tips that will help you stay on top of your taxes and overall finances. https://blog-turbotax-intuit-com-prelaunch.go-vip.net/wp-content/uploads/2019/03/Tax-Tips-for-Millennials_v1.mp4 “Check your withholding; your tax situation is going to be changing quite a bit in the next couple of years. For example, you may be starting your first job, where you can get your first 401k started, or you might be paying off student debt. If your withholding isn’t correct, that might mean you’ll end up owing at tax time, so be sure to check your withholding.“ – Ernie Sadashige, CPA for 13 years “If you’re a recent college grad: remember to review your tax withholding on an annual basis because your income may increase and you may receive an unexpected higher tax bill.” – Claudell Bradby, CPA for 19 years “Contribute to pre-tax retirement plans! Remember, let them grow for the future.” – Miguel Burgos, CPA for 6 years If filing your taxes seems daunting, don’t worry – TurboTax has you covered and will ask simple questions about you and your income to give you the tax deductions and credits you’re eligible for based on your answers. If you have questions while you are doing your taxes, you can connect live via one-way video to a TurboTax Live CPA or Enrolled Agent with an average of 15-years experience to get your tax questions answered from the comfort of your home. TurboTax Live CPAs and Enrolled Agents are available in English and Spanish and can even review, sign, and file your tax return. Previous Post 10 Popular Tax Myths Busted by Actress Jenny Lorenzo Next Post 5 Tips for Becoming Financially Literate Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Leave a ReplyCancel reply Browse Related Articles Crypto Understanding Crypto and Capital Gains Work 7 Things You Need to Know About the New Business Report… Work Using Form 8829 to Write-Off Business Use of Your Home Tax Tips Roth 403(b) vs. Roth IRA: Which Should You Invest In? Life Interest Rates, Inflation, and Your Taxes Investments Essential Tax Tips for Maximizing Investment Gains Uncategorized TurboTax is Partnering with Saweetie to Elevate Hoop Dr… Business Small Business Owners: Optimize Your Taxes with a Mid-Y… Small Business The Benefits of Employing Your Children and the Tax Bre… Income and Investments Are Olympics Winnings Taxed?