Taxes 2012 – Most Common Tax Return Mistakes

IRS Form W-2

Image via Wikipedia

I know you don’t make mistakes, but you might want to slow down and double check that tax return before you file.

According to the IRS, taxpayers make some common mistakes that could be avoided.  If you want to know their views on this, a short YouTube video is available to help you as you prepare your 2011 return.

From my review of various lists, here are some common mistakes to look for:

  • Check your math
  • Make sure Social Security number is correct and on all pages of your return
  • Include all Social Security numbers for your dependents
  • Verify that your filing status is correct
  • Claim those retirement account contributions
  • Poor record keeping
  • Not signing and dating your return
  • Missing forms

Now, these all sound like mistakes for filing paper returns.  Indeed they are, so some of the issues could be avoided by e-filing.  Find a professional who can do this for your and the errors will be minimized.

The main culprit behind most errors is a lack of organization.  Get everything together, keep good records, and it will be a smooth process.

 

 

2 Responses to Taxes 2012 – Most Common Tax Return Mistakes

  1. Pingback: e-News for Tax Professionals « lennyesq

  2. Pingback: Common Tax Errors & Reminders | Finance Express Online

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