While you still have plenty of time to file your 2016 taxes, there’s a lot to take into account to ensure you get back what's yours.

First and foremost, according to senior tax professional with H&R Block, Valorie Elgar is to ask yourself a number of questions.

"You're not sure if medical qualifies, a lot of people don't think that dental or orthodontia qualifies as a medical expense. It does. You need to ask some questions about what happened to you over the last year. Did you get married? Separated? Have a child? Or maybe you sold your home."

How you feel about tax time typically depends on whether or not you're expecting a refund or if you may owe money.

Regardless the time to file your taxes is here and often many don't capitalize on all the credits and deductions they may qualify for.

Elgar explains a couple of the most common misses.

"Medical expenses are one, and so are charitable donations. People just aren't good about collecting receipts. We're constantly giving $20 at your door, but not keeping track of those receipts, but they can really add up. So if you've donated more than $200 you're going to get half of that back on your tax return. And donations can be saved up for 5 years, so you can really pool them to get a much bigger benefit."

New this year according to Elgar is the requirement to report the sale of a principal residence, and not declaring the sale could result in large penalties.

If you found yourself in the unfortunate scenario of being laid off in 2016, Elgar has some specific advice for you

"One thing for people on E.I is they may not have had very much tax deducted. So that's something to keep in mind as well. Also if people had a fairly good income but were laid off in the later part of the year and then start collecting E.I, there may be some benefits that need to be repaid. So if you're over an income threshold, anything over that they may start clawing back some of your E.I benefits."

If you are receiving a refund it should show up by direct deposit from the C-R-A in about ten days, H&R Block does offer a cash back service.

If you end up owing tax back, the balance is due April 30th, which is the deadline for filing your 2016 income tax return.