AVOID COMMON ERRORS
The IRS recommends reviewing your entire tax return to be sure it is accurate and complete. Even a simple mistake can cause problems which might lead to delays in processing your return and receiving your refund.
Here are some ways to avoid common tax return errors:
File electronically. If you choose to e-file, many of the common errors are avoided or corrected by the computer software. If your income is under $52,000 you may be able to e-file for free using IRS Free File. Use the peel-off label if you choose to mail a paper return. You may line through and make necessary corrections right on the label. Be sure to fill in your Social Security number in the box provided on the return. If you do not have a peel-off label, fill in all requested information clearly, including the Social Security numbers. Check only one filing status on the tax return and check the appropriate exemption boxes. Enter the correct Social Security numbers for each of those exemptions.
Use the correct Tax Table column for your filing status. Double check all figures on the return. Math errors are common mistakes. Make sure that the financial institution routing and account numbers you have entered on the return for a direct deposit of your refund are accurate. Incorrect numbers can cause the refund to be delayed or misdirected.
Sign and date the return. If filing a joint return, both spouses must sign and date the return. Attach all Forms W-2, Wage and Tax Statement, and other forms that reflect tax withheld to the front of the return. Attach all other necessary forms and schedules. Remember to request the Telephone Tax Refund. Don
Other Usefull Tax Articles
- How Green Is Your CPA? For Taxtime, Firms Eliminate 'Paperwork'
- OFFSET EDUCATION COSTS
- The Top Five Tax Drawbacks for Small Businesses
- CLAIMING THE CHILD AND DEPENDENT CARE CREDIT
- CLAIMING THE CHILD TAX CREDIT
Most Viewed Articles
- 50 Tax Deductions You Should Remember
- IRS Mileage Reimbursement Rate 2011
- Why Hire A Huntsville Alabama Accounting Firm
- Are Interest on Payday Loans Or Cash Advance Loans tax Deductible
- How To Renew Alabama Business And Vehicle License Online
- What Documents You Will Need To File Your Tax Return
- WHAT INCOME IS TAXABLE? NONTAXABLE?
- Can I File Taxes Using My Pay stub LES
