To avoid errors on your tax return that can result in a penalty or delay in your refund, the IRS published the most common and how to avoid them
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Before the declaration season of taxes which started this of 12 of February and ends on 15 April , on Internal Revenue Service (IRS) disclosed the most common errors that can cause a delay in the processing and delivery of your refund .
Some of the common errors to avoid when prepare a declaration of taxes, are:
Inaccurate or missing social security numbers
A single letter o one wrong digit are enough for stop our process . It is very important that the SSN on a tax return appear exactly as printed on the Social Security card .
Misspelled names
The name that is written on the tax return must match the name on Social Security card of that person.
Wrong marital status
The IRS points out that some people often make mistakes when registering your marital status . Given this, the agency points out that the Interactive Tax Assistant can help taxpayers choose the correct status , especially if applies more than one .
Mathematical errors
Among the more errors common are the mistakes in addition and subtraction or more complex calculations . The IRS recommends check math operations or better yet, rely on the tax preparation software taxes .
Calculate credits or deductions
Many taxpayers usually make errors when calculating things like the earned income tax credit , the credit for care of children and dependents and the standard deduction , so the IRS recommends follow the instructions carefully . It also recommends to rely on the Interactive Tax Wizard to determine if a taxpayer is eligible for tax credits or deductions .
Incorrect bank account numbers
Refund taxpayers must choose the direct deposit to quickly receive your money , but make sure to use the correct account and routing numbers on your return .
Unsigned forms
The
ISR
makes it very clear that unsigned declarations are not valid and explains that in most s cases both spouses must sign a joint declaration , although exceptions may apply for members of the armed forces or other taxpayers who have valid power of attorney . Taxpayers can avoid this error by filing their return electronically and digitally signing it before sending it.
Present with an identification number individual tax due
If the A taxpayer’s ITIN is expired , they must go ahead and file it using the expired number . The IRS will process that return and treat it as a timely filed return . However the IRS will not allow any exemption or credit to a return filed with a Expired ITIN . Taxpayers will receive a notice telling them to renew their number . Once the taxpayer renews the ITIN , the IRS will process the return normally .
Finally the IRS recommends filing returns electronically because the tax software does the calculations , flag common errors and asks taxpayers for the missing information .
Another way to avoid mistakes is to rely on Reputable Tax Preparers , says the agency.
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