With April 15 slowly approaching, do you find yourself getting more stressed about doing your taxes? If so, you’re not alone. 74 percent of millennials report that taxes are a source of stress, according to a survey by United Way. While most millennials do file early, according to the same survey, the biggest concerns when it comes to preparing to do your taxes are mistakes and an inability to receive a full refund.
Even if you’re not a millennial, taxes can be stressful. Self-employed workers and retirees often have to juggle a thousand questions before they can finally sit down to file.
The good news is that there are ways to avoid making the mistakes that can lead to decreased deductions. Consider these three things, before filing your taxes, so that you can ensure you can do it right the first time.
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