Broker Check

What to Do When Your Return Isn’t What You Expected

April 26, 2023

At the end of tax season, many Americans look forward to receiving their return. But what happens when your return isn’t what you expected—or if you don’t get one at all?

  • If it’s more than you expected: An unexpected windfall can be exciting, and an opportunity to make progress toward your financial goals. We can walk through the amount together and determine the right course of action for your individual roadmap.
  • If it’s less than you expected: We can discuss budgeting strategies that can help maintain your current spending, saving, and investing strategies. We can also meet together with your tax advisor to discuss and potentially help you avoid an unexpected result next year.

In either scenario, your tax advisor should be consulted before any changes to your tax forms or overall strategy are made. Call the office any time to coordinate a meeting.

For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither the Broker/Dealer nor any of its representatives may give legal or tax advice.