What Do Americans Know About Taxes

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What Do Americans Know About Taxes
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• How much do you know about taxes?

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According to Nerd Wallet, Americans dont know
much about the tax code.
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• Nerd wallet quizzed 1,000 adults with 10 basic
  tax questions, and on average individuals only
  scored 50.

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40 of individuals could not define a flexible
spending account and 60 could not define an IRA.
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• Americans need to brush up on their knowledge
  about taxes. When it comes to taxes, your
  knowledge of the code determines how much you
  save.

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see finlit.com/taxes how much you know about taxes