Here are several tips to prepare your income tax return: (1) prepare the proper paperwork to report all income and claim every credit or deduction; (2) check your numbers; (3) take the time you need. File an extension to obtain a few extra months to fully prepare your tax return. But remember, this is an extension of time to file, not an extension of time to pay. If you are self-employed, have especially sophisticated investments, recently moved overseas or gathering the right paperwork is taking longer than expected, consider this a smart strategy to avoid incomplete or erroneous tax returns, which might fetch unexpected fees thanks to haste. For more information, visit the Military OneSource website.
For more on preparing your 2017 Taxes, visit Military.com's Money section.
