Tax season can be overwhelming without proper preparation. A comprehensive checklist ensures
you gather all necessary documents and take full advantage of available deductions and credits.
- Organize Financial Records
Start by gathering income statements (W-2s, 1099s), expense receipts, and any documents
related to investment income or business transactions. - Review Major Life Changes
Events such as marriage, the birth of a child, or buying a home can affect your tax return. Make
sure you understand how these changes impact your filing status or eligible credits. - Maximize Deductions and Credits
Explore deductions for education, medical expenses, or home office use. Look into credits such
as the Earned Income Tax Credit (EITC) or Child Tax Credit. - File Early and Electronically
Avoid delays and receive refunds faster by filing early and opting for electronic submission.
