Making mistakes is one of Americans' biggest fears at tax time. A single error can delay the processing of your return or even cause it to be rejected by the IRS. If that happens and you're entitled to a refund, get ready to wait.
Today's sophisticated tax preparation products make doing your own taxes perfect the first time at an affordable price – or even free – a reality for millions of Americans each year.
"Online and downloadable solutions have everything the vast majority of taxpayers need to file their taxes with complete confidence," says Jessi Dolmage, TaxACT Spokesperson. "Using do-it-yourself tax preparation software solutions drastically reduces the chance of errors, especially if you import last year's return information."
If you're doing your own taxes for the first time this year or aren't able to import last year's return, be especially careful to avoid these common errors.
Dolmage also says, "Another all-too-common mistake is paying too much to do your taxes. Expensive solutions don't equate to a larger refund. All taxpayers can prepare, print and e-file federal tax returns free at www.taxact.com – no restrictions, no bait and switch."
TaxACT Free Federal Edition includes all e-fileable forms for simple and complicated tax returns. Regardless of how you filed last year, you can transfer data from last year's return. Instant, personalized help is available every step of the way in the Answer Center, online at taxact.com and with Audit Assistant. Customers can also email tax and audit questions to TaxPayer Support Specialists for free answers.
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