Gen Zers have some wild misconceptions about filing taxes

Survey data shows confusion about basic tax rules across multiple generations—not just Gen Z.

The United States’s tax system is notoriously difficult to try and figure out, which is why there’s a slew of AI-powered options hitting the market to help taxpayers navigate it all. Even so, new data reveals just how confused some taxpayers are about what they can and can’t do to try and reduce their tax liabilities—and for younger Americans, some of the data is a bit alarming.