Home | Archives | Blog | Bonds | Credit & Debt | Forex | Futures | Insurance | Mutual Funds | Options | Real Estate | Stocks | Taxes | Other Investment Topics | New Money Articles

Complete List of Tax Topics

IRS Urges Taxpayers to Avoid Common Mistakes

Tip: Print this, and check off each item as you finish it.

IR-2007-77, April 3, 2007 WASHINGTON — The Internal Revenue Service today urged taxpayers to review their tax returns for common errors that could delay the processing of their return and refund. Here are some ways to avoid common tax return errors:

Topic 303 - Checklist of Common Errors When Preparing Your Tax Return

Before filing your return, review it to make sure it is correct and complete. The following checklist may help you avoid errors:

A few of the most common errors are:

  1. Incorrect or missing social security numbers.
  2. Incorrect tax entered from the tables.
  3. Computation errors in figuring the child and dependent care credit or the earned income credit. Also, missing or incorrect identification numbers for child care providers.
  4. Withholding and estimated tax payments entered on the wrong line, and
  5. Math Errors. Both addition and subtraction.

It is important that you review your entire return because any errors may delay the processing of your return.

Related Items:

Getting Help for Federal Taxes from the Federal Government

GoogleCustom Search
◄ Share or bookmark this page on several major sites.
Information is provided 'as is' and solely for education, not for trading purposes or professional advice.