Tax Simulations
Everyone has to deal with taxes at some point, but not all tax situations are the same. Learn about how to prepare and file taxes through the following tax simulations to remove the fear of Tax Day, forever!

There’s more to know about taxes than that they are just taken out of your paycheck!

Taxes are taken from your gross pay to pay for things like roads, first responders, and public schools. You may benefit now from paying these taxes.

Your Medicare and Social Security taxes help pay for health care and living costs for citizens who are retired or disabled. You may benefit now or later from paying these taxes.

You’ll need to file your taxes each year to make sure that you’ve paid the right amount. If you paid too much in taxes during the past year, you’ll get a refund. If you’ve paid too little in taxes, you’ll owe the IRS money.

Learn more about how to file for specific tax situations by helping a character prepare their own taxes. Select a tax simulation to begin!

Tax Simulations

Click the Filing Your Taxes simulation to begin. Once you have completed the first simulation, select one or more of the remaining simulations to explore how different life situations can impact your taxes.

20-25 min

Filing Your Taxes

Carlos learns how to file his taxes using tax preparation software.

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Filing Your Taxes

5-10 min

Tax Credits for Families

Martin helps his family claim child deductions that they have missed in the past.

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Tax Credits for Families

5-10 min

Taxes for Gig Workers

Chinwe is surprised to learn her gig-economy job is considered self-employment and that she needs to pay taxes.

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Taxes for Gig Workers

5-10 min

Taxes for Students

Dana learns how to report tuition statements from her school and about claiming student loan interest and educational expenses on her taxes.

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Taxes for Students

5-10 min

Taxes for Investments and Cryptocurrency

Ailani learns her responsibilities in reporting earnings from investments and cryptocurrency on her taxes.

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Taxes for Investments and Cryptocurrency

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