Understanding My Tax Return: A Simple Guide for Working Individuals

For many people, tax season brings stress and uncertainty. Whether you’re paid hourly, salaried, or running a side hustle, your tax return can feel like a maze of forms and numbers. That’s exactly why we created Understanding My Tax Return—a handout designed to make filing simpler for everyday working individuals.

Inside, you’ll find an easy breakdown of the most common parts of a tax return: how income from your W-2, 1099, or other sources is reported; how deductions and credits can lower what you owe; and what it all means for your refund or balance due. Instead of complex jargon, you’ll get clear explanations that connect directly to your day-to-day financial life.

Understanding your tax return also helps you make better decisions throughout the year. By reviewing how much tax is withheld from your paycheck, you can adjust and avoid surprises next filing season. You’ll also see how certain actions—like contributing to retirement accounts, tracking education costs, or claiming child care expenses—can create opportunities for savings and planning.

At LynnLeigh & Co, we believe financial clarity shouldn’t be limited to professionals or experts. Every working person deserves to understand their money and feel confident about their choices. This handout gives you the tools to read your return with fresh eyes, uncover opportunities, and take control of your financial journey.