8 Tips for Avoiding Common Tax Return Errors

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The most common mistakes people make on their federal tax returns are relatively simple. Unfortunately, simple mistakes can cause a lot of grief. A wrong identification number here, a misspelled name there, could cause a delayed refund - or worse.

Here are eight tips for avoiding common errors on your tax return:

  1. Double-check your Social Security numbers.

    Be sure you enter SSNs for yourself and others on your tax return exactly as they are shown on the Social Security cards.

  2. Make sure names are spelled correctly.

    Be sure you enter names of all individuals on your tax return exactly as they are shown on their Social Security cards. Don't use nicknames or alternate names. If your name or your child's name has changed, be sure to report the new name to the Social Security Administration before you file your return.

  3. Choose the best filing status for which you qualify.

    Choose the right filing status. There are five filing statuses: Single, Married Filing Jointly, Married Filing Separately, Head of Household and Qualifying Widow(er) With Dependent Child.

    If you are married and living with your spouse, you must use the Married Filing Jointly or Married Filing Separately filing status.

    If you are single, you will generally pay less tax if you qualify to file as Head of Household or as a Qualifying Widow(er) With Dependent Child.

    If you're not sure which filing status to choose, see IRS Publication 501, Exemptions, Standard Deduction, and Filing Information.

  4. Avoid math and calculation mistakes.

    The easiest way to avoid math and calculation mistakes is to let TaxAct do all the calculations for you. The IRS reports that tax returns prepared using software are far less likely to contain errors than returns prepared by hand.

  5. Review all TaxAct Alerts.

    TaxAct can help you find errors and missing information before you file your return. During the review process, red alerts identify incomplete or inconsistent information. Yellow alerts identify potential problems. Green alerts point out potential tax savings.

  6. Review bank account numbers.

    Direct depositing your refund or paying taxes directly from an account is fast, easy, and safe, provided you enter your bank routing and account numbers correctly.

    If you do enter the wrong account numbers, the IRS may not be able to validate the account number. The IRS will then send you a paper refund check. If the number you enter belongs to someone else, your refund may be deposited in their account.

  7. Review your return.

    When your return is ready to be filed, print and read through it carefully. If you don't understand something; for example, if you didn't get a deduction or credit that you expected, you may want to go through the step-by-step interview again and make sure you answered all the questions correctly.

  8. Don't forget to sign your return.

    Your tax return is not valid until you sign it. You and your spouse must both sign a joint return.

    If you e-file your tax return, you'll sign the return electronically using a Personal Identification Number (PIN). Simply follow the easy instructions in TaxAct.

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Upcoming Tax Dates

November 10 — Employees who work for tips
If you received $20 or more in tips during October, report them to your employer - Details

November 10 — Social security, Medicare, and withheld income tax.
File Form 941 for the third quarter of 2018. This due date applies only if you deposited the tax for the quarter timely, properly, and in full.

November 12 — Everyone
Federal Holiday(Veterans Day) - Details

November 15 — Social security, Medicare, and withheld income tax
If the monthly deposit rule applies, deposit the tax for payments in October.

November 22 — Everyone
Federal Holiday(Thanksgiving Day) - Details

View More Tax Dates