“I Already Paid Taxes — Why Do I Still Need to File a Tax Return?”
Many people wonder why they still need to file a tax return when taxes have already been taken out of their paycheck or withheld from retirement withdrawals. In this easy-to-understand guide, we explain the difference between paying taxes and filing taxes, why withholding is only an estimate, and how filing your tax return helps you get refunds, avoid penalties, and close the loop with the IRS—even if you think you don’t owe anything.
