Double-check your name, Social Security number, and address. A simple typo can delay your refund or cause issues with your filing.
Ensure you're selecting the correct filing status. This affects your tax rate and deductions.
Don’t overlook potential deductions like student loan interest, medical expenses, or child tax credits. Take time to research all available options.
Report all income, including side jobs, freelance work, or investments. Failing to report even small amounts can lead to penalties.
If you're expecting a direct deposit refund, make sure your bank account number and routing number are accurate to avoid delays.
Always update your tax preparation software before filing to ensure it reflects the latest tax laws and regulations.
Whether filing electronically or via paper, make sure to sign and date your return. An unsigned return is considered invalid.
Filing late can result in penalties and interest. Mark your calendar and aim to file well before the deadline to avoid last-minute stress.