Do you wait until the last minute to file your taxes?
About 1 in 3 folks do.1
And certain states are more notorious for tax procrastination than others.
The top five states with the most tax procrastinators in 2022 were:1
#5. California
#4. Alaska
#3. Georgia
#2. Hawaii
Can you guess what state had the MOST tax procrastinators last year?
It was Nevada.1
In terms of cities, those with the biggest tax procrastinators last year were:1
#5. Portland, Oregon
#4. Seattle, Washington
#3. Baltimore, Maryland
#2. Denver, Colorado
And, finally, the home of a whopping number of procrastinating Nevadans: Las Vegas.
Why do so many folks put off their taxes until the last minute?
Some wait because they don’t expect a refund. Others say taxes are just too stressful, complicated, and time-consuming.1
One thing, however, CAN turn the tables for any of us taxpayers and get us to be more on the ball with paying our taxes.
And that’s having a better understanding of taxes.2
P.S. Do you tend to be an early bird or a procrastinator with your taxes? Why? Hit “comment” and share your answers. I’d love to hear how you handle taxes, what motivates your tax moves, and how it’s all working for you.
Sources