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AVOID THESE COMMON
TAX MISTAKES
Nobody’s perfect. Mistakes happen. But if you make a mistake on your
tax return, it will likely take the IRS longer to process it. That could delay
your refund. The best way to avoid errors is to use IRS e-file. Paper filers
are about 20 times more likely to make a mistake than e-filers. IRS e-file
is the most accurate way to file your tax return.
Here are eight common tax-filing errors to avoid.
WRONG OR MISSING
SOCIAL SECURITY NUMBERS
Be sure to enter all SSNs on
your tax return exactly as
they are on the Social
Security cards.
WRONG NAMES
Be sure to spell the names of
everyone on your tax return
exactly as they are on your
social security cards.
FILING STATUS ERRORS
Some people use the wrong filing status,
such as Head of Household instead of
Single. Your trusted tax preparer can
help you choose the right status.
MATH MISTAKES
Double-check your math. For example,
be careful when you add or subtract or
figure items on a form or worksheet.
Instead of working by hand, tax
preparation software does all the math
for the e-filers.
ERRORS IN FIGURING
CREDITS OR DEDUCTIONS
Many filers make mistakes figuring their
credits and deductions. Talk with your
trusted tax preparer to find out what
works best for you.
• Earned Income Credit
• Child and Dependent Care
Tax Credits
• Single
• HoH
• MJF
• MFS
Standard Deduction
WRONG BANK ACCOUNT NUMBERS
You should choose to get your refund by
direct deposit. Be sure to use the right
routing and account numbers on your
return. The fastest and safest way to get
your tax return is to combine e-file with
direct deposit.
FORMS NOT SIGNED
An unsigned tax return is like an
unsigned check – it’s not valid. Both
spouses must sign a joint return.
ELECTRONIC FILING PIN ERRORS
When you e-file, you must sign your
return electronically with a Personal
Identification Number (PIN). If you
know last year’s e-file PIN, you can use
that. If you don’t know it, enter the
Adjusted Gross Income from the previous
tax year that you originally filed with the
IRS. Do not use the AGI amount from an
amended return or a return that the IRS
corrected.
PMMBA
PO Box 180241 incometax@pmmba.biz
Richland, MS 39218 www.pmmba.biz
601.572.6726 © 2015

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Avoid these common tax mistakes

  • 1. AVOID THESE COMMON TAX MISTAKES Nobody’s perfect. Mistakes happen. But if you make a mistake on your tax return, it will likely take the IRS longer to process it. That could delay your refund. The best way to avoid errors is to use IRS e-file. Paper filers are about 20 times more likely to make a mistake than e-filers. IRS e-file is the most accurate way to file your tax return. Here are eight common tax-filing errors to avoid.
  • 2. WRONG OR MISSING SOCIAL SECURITY NUMBERS Be sure to enter all SSNs on your tax return exactly as they are on the Social Security cards.
  • 3. WRONG NAMES Be sure to spell the names of everyone on your tax return exactly as they are on your social security cards.
  • 4. FILING STATUS ERRORS Some people use the wrong filing status, such as Head of Household instead of Single. Your trusted tax preparer can help you choose the right status.
  • 5. MATH MISTAKES Double-check your math. For example, be careful when you add or subtract or figure items on a form or worksheet. Instead of working by hand, tax preparation software does all the math for the e-filers.
  • 6. ERRORS IN FIGURING CREDITS OR DEDUCTIONS Many filers make mistakes figuring their credits and deductions. Talk with your trusted tax preparer to find out what works best for you. • Earned Income Credit • Child and Dependent Care Tax Credits • Single • HoH • MJF • MFS Standard Deduction
  • 7. WRONG BANK ACCOUNT NUMBERS You should choose to get your refund by direct deposit. Be sure to use the right routing and account numbers on your return. The fastest and safest way to get your tax return is to combine e-file with direct deposit.
  • 8. FORMS NOT SIGNED An unsigned tax return is like an unsigned check – it’s not valid. Both spouses must sign a joint return.
  • 9. ELECTRONIC FILING PIN ERRORS When you e-file, you must sign your return electronically with a Personal Identification Number (PIN). If you know last year’s e-file PIN, you can use that. If you don’t know it, enter the Adjusted Gross Income from the previous tax year that you originally filed with the IRS. Do not use the AGI amount from an amended return or a return that the IRS corrected.
  • 10. PMMBA PO Box 180241 incometax@pmmba.biz Richland, MS 39218 www.pmmba.biz 601.572.6726 © 2015