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Is it worth it to file taxes early?

We talk to community members and tax experts.

Posted: Jan 30, 2018 7:28 AM

ROCHESTER, Minn. - Do you file taxes early or wait until the tax deadline?

"I don't file taxes until April 15th," DeeDee Odell of Rochester said. "Because I don't get all our statements in until that late date so we have to wait until we get all that information."

"I usually file them as early as I can, I worked on them this weekend," David Anderson of Rochester said. 

"I actually have started to file earlier...but I get a tax return so I go earlier," Tricia Schilling said. 

Experts at Med City Tax Service in Rochester said there are benefits to filing early like getting a refund check earlier and having time to structure out a plan to make a payment. 

But, they also said filing too early could result in having to refile closer to the deadline if statements come later in March with more accurate amounts. 

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