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Average Gen Z understands less than 50 percent of the tax filling process

The average Gen Z American estimates that they only understand about 44% of the tax filing process, according to new research. A survey of 2,000 Americans 18-26, conducted by OnePoll for TurboTax, looked at how they’re feeling about tax season and found that over half (56%) admit they’re intimidated by the process of filing their taxes. Interestingly, the same percentage of respondents “very much” look forward to filing their taxes (29%) as those who aren’t looking forward to it at all (28%). Gen Z is even looking to get ahead of the curve — by the time of the survey, nearly a fifth of respondents already filed their taxes for this year (17%).