College is awesome, right? For most of us, it’s the first time we tasted freedom. The freedom to do whatever, whenever you want.
The downside is that you have more responsibility, too, especially on financial matters. You get bombarded with credit card offers designed to put you in debt and keep you there. You may have to work to support yourself, at least partially. And your parents may no longer be doing your taxes for you.
If you’re new to taxes they can be overwhelming. Especially for college students, given the special rules and benefits you may be eligible for. Don’t worry, we’ve got you covered with this Ultimate Guide to Student Taxes. And, unless you’ve got some offshore bank account in the Cayman Islands, it’s really not that complicated. [continue reading…]