I hear from people every week who think their tax problem is the end of the world. It usually isn't. I'm Darrin Mish. I've resolved over $100 million in tax debt for clients. Here's what you should know.<\/p>\n
When you fill details into your tax forms, it\u2019s important not to make mistakes. \u00a0Mistakes in your tax form could cost you dearly in terms of time and money.<\/a>\u00a0 \u00a0Click here to watch or read more information on IRS Back Taxes.<\/a> \u00a0Mistakes in your tax form would slow down the processing of your forms and delay your refund as well. \u00a0Here are the 9 most common mistakes people make when filing taxes. \u00a0Click here to read or watch more IRS Help resources.<\/a> I hear from people every week who think their tax problem is the end of the world. It usually isn't. I'm Darrin Mish. I've resolved over $100 million in tax debt for clients. Here's what you should know. When you fill details into your tax forms, it\u2019s important not to make mistakes. \u00a0Mistakes in your […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[4],"tags":[594],"class_list":["post-21963","post","type-post","status-publish","format-standard","hentry","category-irs-help","tag-irs-forms"],"_links":{"self":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/21963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/comments?post=21963"}],"version-history":[{"count":1,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/21963\/revisions"}],"predecessor-version":[{"id":21968,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/posts\/21963\/revisions\/21968"}],"wp:attachment":[{"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/media?parent=21963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/categories?post=21963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/getirshelp.com\/blog\/wp-json\/wp\/v2\/tags?post=21963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n1. Mistakes in Social Security numbers
\nThis is when you enter a Social Security number in error that is different from the person\u2019s Social Security card. \u00a0The other common error having to do with Social Security numbers is forgetting to fill in the number when required.
\n2. Mistakes in dependent\u2019s name
\nWhen entering a dependent\u2019s name, you might misspell it, especially the last name. \u00a0This is very common, so when entering your dependent\u2019s name, make sure it is spelled exactly like it is in their Social Security card.
\n3. Mistakes in filing status
\nThere are five filing statuses \u2013 single, married filing jointly, married filing separately, head of household, and qualifying widow(er) with dependent child. \u00a0Many people make the mistake of categorizing themselves under the wrong filing status. \u00a0To get your own filing status right, refer to Publication 501, Exemptions, Standard Deduction and Filing information
\n4. Mistakes in computation
\nThere are many tax breaks and credits you may qualify for so you should make sure you include them in your tax submission correctly. \u00a0When computing your taxable income, check that you have correctly calculated your withholding and estimated tax payments, earned-income tax credit, standard deduction for age 65 or over or blind, the taxable amount of Social Security benefits, and the child and dependent care credit and so on.
\n5. Mistakes in adjusted gross income information
\nYou should not use an adjusted gross income from an amended tax submission, Form 1040X, or a math error correction by the IRS. \u00a0If you file your tax returns electronically, you must sign the form electronically with your Personal Identification Number (PIN). \u00a0You will be prompted to enter your AGI from your originally filed 2009 income tax return or the PIN you used to file electronically last year (if any).
\n6. Mistakes in math
\nThis is another all too common mistake. \u00a0To avoid such errors, take the electronic filing option. \u00a0The software will do the calculation for you.
\n7. Mistakes in bank account number
\nMany taxpayers who request for direct deposit often fill in wrong bank account numbers into their tax forms.
\n8. Mistakes in \u2018making work pay\u2019 tax credit
\nIt is common to make mistakes in the \u2018making work pay\u2019 credit because it can be confusing at times. \u00a0If you fill up Form 1040 or 1040A, you would need to complete Schedule M to determine the amount of \u2018making work pay\u2019 credit you can claim. \u00a0If you file Form 1040-EZ, you should use the worksheet for Line 8 on the back of the 1040-EZ to figure the amount of your credit.
\n9. Forgetting to sign and date your tax return
\nAn unsigned tax form is invalid so make sure you avoid this costly mistake. \u00a0Also remember that if you are filing jointly, both you and your spouse should sign the form.<\/p>\n","protected":false},"excerpt":{"rendered":"