Skip to content

    Stress Management Health Center

    Font Size
    A
    A
    A

    How to Cope With Tax-Time Stress

    Experts explain ways to avoid the emotional storms of tax season.

    WebMD Feature
    Reviewed by Louise Chang, MD

    Spring is the season when the cherry trees and cottonwoods bloom. For Barbara Halpern, spring is also the season when her workweek blooms to 80 hours or more. Accompanying those long work hours are the colds, migraines, dizziness, and weight swings that plague Halpern and her colleagues at her small accounting firm in suburban Connecticut.

    "Everyone is rundown and susceptible," Halpern, owner of Halpern & Associates, tells WebMD. "We hate the spring and nice weather. It's not supposed to get warm until April 16."

    Recommended Related to Stress Management

    Stress Symptoms

    Stress affects us all. You may notice symptoms of stress when disciplining your kids, during busy times at work, when managing your finances, or when coping with a challenging relationship. Stress is everywhere. And while a little stress is OK -- some stress is actually beneficial -- too much stress can wear you down and make you sick, both mentally and physically. The first step to controlling stress is to know the symptoms of stress. But recognizing stress symptoms may be harder than you think...

    Read the Stress Symptoms article > >

    Tax preparers like Halpern may bear the brunt of tax-time stress. But nearly everyone has a reason to dread the 1040 tango. Some hate the math; some hate the feds. And yet others hate having to grapple with one of the great mysteries of life: Where did the money go?

    Money and Stress

    "Money is a major source of stress on people, and what tax season does is shine a great big spotlight on the issue," Michael McKee, a Cleveland Clinic psychologist and president of the U.S. branch of the International Stress Management Association, tells WebMD. "Money takes center stage at tax time, even if you might have been able to push it to the wings the rest of the year."

    A 2004 survey sponsored by the American Psychological Association found that nearly three-quarters of Americans cited money as a significant source of stress. Money is also consistently among the top causes of marital contention, says Olivia Mellan, a psychotherapist and financial self-help author based in Washington, D.C.

    The Emotional Toll of Taxes

    Often, one partner in a marriage is a spender who avoids any discussion of money, while the other partner is a saver and a worrier, Mellan tells WebMD. The result is resentment at tax time, when both partners must examine how their habits are affecting progress toward their financial goals.

    Fear of the government also emerges at tax time. Some clients of financial counselor Karen McCall are so afraid of the IRS that they won't take even the most innocuous deduction. "They're paralyzed because the IRS is an authority figure, and if they have unresolved issues around authority figures in their lives, that can cause a lot of fear."

    For some unlucky taxpayers that fear is understandable. McKee says people who have been through audits can suffer from posttraumatic stress syndrome for years afterward during tax season.

    1 | 2 | 3

    Today on WebMD

    Hands breaking pencil in frustration
    Quiz
    stethoscope and dollars
    Article
     
    Woman with stressed, fatigue
    Article
    fatigued woman
    Article
     
    hand gripping green rubber ball
    Article
    family counseling
    Video
     
    stress at work
    Article
    frayed rope
    Quiz
     

    WebMD Special Sections