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CNET Survey: 44% of Filers Have Tax Anxiety -- Led by Gen Z and Millennials

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Gen Z filers are newer to tax filing, while millennials may find their taxes more complicated after buying property, having children or pursuing side hustles.
The article from MSN, discussing a CNET survey, reveals that 44% of tax filers experience tax anxiety, with Generation Z and Millennials being the most affected. This anxiety stems from various factors including the complexity of tax laws, the fear of making mistakes, and the potential for audits. The survey highlights that younger generations feel particularly overwhelmed due to their relative inexperience with the tax system, changes in tax laws, and economic pressures like student loans and unstable employment. Additionally, the article notes that while older generations also experience tax-related stress, they tend to have more resources or experience to mitigate their concerns. The survey also touches on the use of technology, with many younger filers turning to tax software and online resources to help alleviate some of their tax-related stress.

Read the Full CNET Article at:
[ https://www.msn.com/en-us/news/other/cnet-survey-44-of-filers-have-tax-anxiety-led-by-gen-z-and-millennials/ar-AA1AJtxK ]