It could also mean taking a few minutes to click around the deductions page on your tax software to make sure you're not leaving money on the table.
Here are three tax moves that experts say people tend to overlook.
If you didn't hit your maximum contribution for 2023, you can retroactively direct funds to those accounts for the 2023 tax year.
If you have children or other dependents, for instance, your tax prep software will likely guide you to the Child Tax Credit and the Child and Dependent Care Credit.
"You're not going to enter something in wrong and the program's not going to give you the Child Tax Credit.
Persons:
Mark Jaeger, Hunt, Jaeger, Ed deHaan, deHaan, de Haan
Organizations:
Child Tax, Care, American Opportunity, Tax, Stanford Graduate School of Business, Research
Locations:
TaxAct