We all make mistakes. But if you make a mistake on your tax return, the IRS may need to contact you to correct it. That will delay your refund. People who do their taxes on paper are about 20 times more likely to make an error than e-filers.
Here are eight common tax-filing errors to avoid:
1. Wrong or missing Social Security numbers. Be sure you enter all SSNs on your tax return exactly as they are on the Social Security cards.
2. Wrong names. Be sure you spell the names of everyone on your tax return exactly as they are on their Social Security cards.
3. Filing status errors. Some people use the wrong filing status, such as Head of Household instead of Single.
4. Math mistakes. Double-check your math. For example, be careful when you add or subtract or figure items on a form or worksheet.
5. Errors in figuring credits or deductions. Many filers make mistakes figuring their Earned Income Tax Credit, Child and Dependent Care Credit, and the standard deduction. If you’re not e-filing, follow the instructions carefully when figuring credits and deductions. For example, if you’re age 65 or older or blind, be sure you claim the correct, higher standard deduction.
6. Wrong bank account numbers. You should choose to get your refund by direct deposit. But it’s important that you use the right bank and account numbers on your return. The fastest and safest way to get a tax refund is to combine e-file with direct deposit.
7. Forms not signed or dated. An unsigned tax return is like an unsigned check – it’s not valid.
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