3 Smart Things to Check on Your 2024 Tax Return
Tax season isn’t just about getting it done—it’s about making sure it’s done right. And if you're working full-time, especially in ministry, your return might have a few unique wrinkles.
Here are three smart things to check:
1. Did You Max Out Retirement Contributions?
Contributing to a Traditional IRA, Roth IRA, or your 403(b) can reduce your tax burden and help build long-term flexibility. The 2024 limits are up—and if you haven’t filed yet, you might still have time to make a contribution that counts for last year.
2. Are You Taking Advantage of Education Credits?
If you, your spouse, or your kids are in college, don’t miss the American Opportunity Tax Credit or the Lifetime Learning Credit. Both can make a real difference—and they’re often overlooked.
3. Are You Paying Penalties You Could Avoid?
Owing more than expected? It might be time to adjust your withholdings or estimated payments. A quick check of Form 2210 could help you avoid unnecessary penalties next year.
Want the full checklist of tax-season reminders for people who are working or someone that is retired? Let me know which one you want .
Email me at info@pastoralfinance.com and say:
Send me the:
Still working tax review guide
Retired tax review guide
I’ll send you a free copy of the full PDF.
