Filing your taxes early has several benefits:

1. Faster Refund: If you’re owed a refund, filing early means you’ll get your money sooner.

2. Avoid Last-Minute Stress: Filing early reduces the risk of errors and the pressure of last-minute tax prep.

3. Reduce Identity Theft Risk: Filing early minimizes the chance of someone fraudulently filing in your name.

4. More Time to Pay: If you owe taxes, filing early gives you more time to plan and save before the payment deadline (April 15).

5. Easier Financial Planning: Knowing your tax liability early helps with budgeting and making financial decisions.

6. Better Access to Tax Professionals: Accountants and tax preparers are less busy earlier in the season, so you get more personalized help.

7. Avoid Penalties: If you’re at risk of missing the deadline, filing early ensures you stay compliant and avoid late penalties.