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So Money with Farnoosh Torabi

400: Ask Farnoosh, Your Last Minute Tax Questions Answered

So Money with Farnoosh Torabi

Farnoosh Torabi

Entrepreneurship, Business

4.71.9K Ratings

🗓️ 15 April 2016

⏱️ 31 minutes

🧾️ Download transcript

Summary

In this week's episode of Ask Farnoosh, special guest Sophia Bera and I answer your biggest questions about last minute tax information, what to do if you've misplaced your W2 form and are worried about fraud protection, paying off student loans lump sum vs. gradually and more. Sophia Bera is the founder of GenY Planning and was featured on So Money previously. If you'd like to learn more about Sophia Bera, visit her website genyplanning.com or follow her on Twitter @sophiabera. You can also sign up for her newsletter here or enroll in the waitlist for her Millennials and Money class here. For more information visit www.somoneypodcast.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

So Money episode 400, Ask Farnuish with special guest Sophia Beira.

0:05.6

You're listening to So Money, with award-winning Money Guru Farnush Karabi.

0:11.6

Each day, get a 30 minute dose of financial inspiration from the world's top business minds, authors, influencers, and from Farnuish herself.

0:20.0

Looking for ways to save on gas or double your double coupons?

0:25.0

Sorry, you're in the wrong place.

0:27.0

Seeking profound ways to live a richer, happier life.

0:30.0

Welcome to So Money is brought to you today by Wealth Front, the most tax-efficient low-cost hassle

0:39.4

free way to invest. Visit Wealthfront.com forward slash So Money.

0:45.8

Welcome back to So Money everyone.

0:47.8

April 15, 2016.

0:50.5

If you're worried about your taxes,

0:52.0

because you think it's tax day, because normally it is on April 15th, well good news you have until Monday to file your taxes and get those papers into Uncle Sam. And today on So Money, we're dedicating a large part of the show to taxes, you know,

1:08.0

getting some of your last minute questions answered and also the all too important question

1:12.0

of what to do with your tax refund. The average

1:15.4

tax refund I think is around $3,000 to $3,000 so that's not you know chump change

1:21.9

you can do some significant things with that,

1:23.8

whether you're in debt, or you want to start a business,

1:26.3

or you want to just, you know, have fun.

1:29.3

Go on a vacation, buy a car, what to do.

1:32.1

And so to help us with all of that and more, I brought back on our friend of So

1:38.1

Money, Sophia Bera. She is the founder of Gen Y Planning.

1:43.5

It's a financial planning service for people

...

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