Six Last-Minute Tips for Filing Income Taxes

Tax time. Bychykhin Olexandr/Shutterstock

The tax-filing deadline on April 18 is looming. And you might be scrambling to prepare your 2022 tax returns. But you can make the process go smoother and more efficiently.

You want to lower your tax burden. It’s still possible, even though Dec. 31, 2022, has come and gone. Here are six tips for filing income taxes that relieve headaches and save on taxes.

Take Time and File an Extension

If you’re not ready, don’t worry—file an extension. It’s better to take your time and ensure you have everything correct than to send in an inaccurate tax return. With this extra time, you can gather additional records and find those deductions you might miss if in a hurry.