Because April 15th falls on a Sunday this year, the filing deadline to submit your 2017 personal tax return is Tuesday, April the 17th.
But, it’s never too early to start preparing for tax day.
Here are some tips to help your tax filing go smoothly.
Start by gathering all the important tax documents, like your W2’s for wages or forms 1099 for interest and dividends.
Give yourself enough time to review those documents and make sure the information is correct.
If you find errors, ask for corrections right away. Compare the documents you received this year to the ones you received last year and make sure you're not missing anything.
Your W2s and 1099s should arrive sometime in early February. If you work with a tax preparer, remember: they’re incredibly busy during tax season. So get your information to them as soon as possible.
This year you have until April 17th to contribute to your IRA, health savings account, or Roth IRA, so if you haven’t maximized those accounts, consider making additional contributions.
You must pay your tax liability on April 17th, but you have the option of filing an extension if you need more time to complete the actual paperwork.
That gives you until October 15th to file the final return.
For more tips on managing your taxes efficiently, watch the other videos in this series, or visit our Tax Strategies page on Insights & Ideas.