Investopedia / Jiaqi Zhou A tax return is a summary of the information a tax ... your tax returns before you discard old copies. For example, your insurance company or a creditor may require ...

For example, say Sarah is a college student who is a dependent of her parents and earns $15,000 from a part-time job in 2024. When she files her 2024 tax return, Sarah’s standard deduction will ...