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5 Tax Myths, Debunked

By Chris Neiger – Mar 14, 2016 at 6:02AM

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You can't believe everything you hear -- especially when it comes to taxes.

Around this time every year a handful of tax myths rear their ugly heads. Some of them change year to year, but there a few stubborn ones that just won't go away.

Misconceptions about whether or not your pet is a dependent, who's responsible if your taxes are filed incorrectly, whether full-time students need to file, and a handful of other questions seem to always arise. The video below goes through five common myths that constantly plague tax preparers, and why you should stop believing them. 

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