Just Got Your First Job? Here’s What to Know About Filing Taxes

Landing your first job is a huge step—congratulations! While the first paycheck is exciting, it also comes with a new responsibility: filing your taxes. If this is your first time doing it, the process might seem confusing, but it’s much easier when you know what to expect. At Avalon Tax & Financial Services, we help first-time earners like you understand how to manage taxes the right way—without the stress.

Do You Need to File a Tax Return?

A common question among new workers is: “Do I even need to file taxes?” The answer depends on how much you earned during the year. For 2025, if you’re single and earned over $14,600, you’re required to file a federal tax return. However, even if you made less than that, you might still want to file—especially if your employer withheld taxes from your paycheck. Filing a return could mean you’re eligible for a refund, so it’s worth checking.

Gather the Right Documents

Before you can file your taxes, you’ll need to gather a few important documents. The most common is the W-2 form, which your employer will send you by the end of January. It shows how much money you earned and how much tax was withheld. If you did any freelance or gig work (such as ridesharing or online work), you may also receive a 1099 form. Additionally, have your Social Security number and any interest income statements (like a 1099-INT) ready. Having everything in one place makes filing much simpler.

How Withholding and Refunds Work

When you received your first paycheck, you may have noticed it was smaller than expected. That’s because your employer withholds a portion for taxes. Sometimes, especially for first-time employees, too much is withheld. Filing your return allows you to determine whether you overpaid, and if so, you’ll receive a refund. Many new workers are pleasantly surprised to get money back after filing.

File Electronically to Keep It Simple

One of the easiest ways to file your taxes is electronically. E-filing is fast, secure, and helps you get your refund quicker. You can file through the IRS Free File program if your income qualifies, or you can use trusted tax software. However, if you had multiple jobs, freelance income, or are unsure about credits and deductions, working with a tax professional—like the team at Avalon—can help ensure you file correctly and don’t miss out on money you’re entitled to.

Look Out for First-Time Tax Breaks

Even as a new worker, you may be eligible for certain tax credits and deductions. For example, if you earned a modest income, you might qualify for the Earned Income Tax Credit (EITC). If you’re still in school or recently graduated, the American Opportunity Credit or Lifetime Learning Credit may apply to you. And if you’ve started saving for retirement, the Saver’s Credit could also give you a boost. Many first-time filers miss out on these opportunities simply because they don’t know they exist.

Don’t Miss the Deadline

Tax Day typically falls around April 15 each year. Filing late—even if you expect a refund—can result in delays and potential penalties. Make sure to mark your calendar and prepare your documents early to avoid the last-minute rush.

Let Avalon Help You Start Strong

Filing your first tax return doesn’t have to be complicated. With the right support, you can take control of your finances from the start. At Avalon Tax & Financial Services, we guide first-time filers through the process, helping you understand your options and keep more of what you earn. Whether you have a W-2, freelance income, or are simply unsure where to start, we’re here to help.

Book a free consultation with our team today and file your first tax return with confidence.