Maximize Your Tax Refund Before Deadline

Published: 2024-09-04

As the deadline for submitting the 2023 tax returns approaches, many individuals are scrambling to complete their filings by the September 2nd cutoff.

This annual task, often seen as burdensome, can actually be an opportunity to reclaim significant tax refunds, with the average return being around 1,000 euros.

For students and seasonal workers, filing a tax return can mean recovering taxes paid during summer jobs.

Utilizing tax software can simplify the process, allowing users to carry over data from previous years and update only the necessary figures.

Key areas to focus on include work-related expenses, home office deductions, and extraordinary costs like medical expenses.

Additionally, taxpayers can benefit from deductions on household services and maintenance work, which can significantly reduce their tax liability.

Those unable to meet the deadline can request an extension, though it's not guaranteed.

With the right approach, taxpayers can maximize their returns and avoid penalties.