The Update

Last Minute Tax Tips

It’s time to file your tax return! Before you do, though, read through our list of last-minute tax tips.

Re-check your Social Security Numbers

Make sure every Social Security number on your return, including your own, your partner’s and each of your dependent’s, is correctly listed. Check that the SSNs related to claims for Child and Dependent Care Credit or Earned Income Tax Credit are accurate as well.

Don’t Forget Any Deductions

Here are some of the deductions people often forget to take:

• The home office deduction.
• Out-of-pocket charitable contributions, such as the cost of meal prep for the help you do at a soup kitchen or gas used while driving to a charity drop off.
• Student loan interest you’ve paid, or that someone has paid on your behalf.

Double-check Your Figures

If you are filing a paper return, double-check that you have correctly calculated the refund or balance due.

Get Your Return in on Time

If you won’t be ready to file your return by April 15, you’ll need to request an extension. It’s important to note, though, that an extension to file does not include an extension for payment.

Sign Your Form

Don’t forget to sign and date your form, and to also have your partner sign if you’re filing jointly. If you’ve hired someone to prepare your return, have the preparer sign the form and enter their Preparer Tax Identification Number (PTIN).

Use the tips outlined here to maximize your refund and ensure there are no mistakes on your tax return.

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