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February 09 2012

Schenectady High School
Business & International Studies

SHS Business Students Learn How to File Tax Returns

Students in Diane Allegro’s class at Schenectady High School  learned how to complete and file their own tax returns in class.

Allegro, a business education teacher, explained to the students that if they did not file an exemption form with their employers, they can recover money from the government by filing a tax return.  Students who filed an exemption form did not have any taxes withheld from their paycheck.

Allegro guided the students through the process of completing their returns.  They learned how to file using Free-File a program available through the Internal Revenue Service’s website. 

According to Allegro, the students were happy to learn about their refunds. They recovered more than $1,500 in federal and state taxes.  Additionally, they saved between $40 and $70 by preparing their own taxes and avoiding fees charged by a tax preparer.

“I hope this is the last time I have to do this,” said Infinite Jones, a student who worked part-time and followed the process to complete her return.

“This is only the beginning,” explained Allegro.  “You will be filing taxes every year for the rest of your life."

 

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