An inaccuracy on your tax return may cause a delay in the processing stage at the IRS, so it is vital for American taxpayers to avoid mistakes on their return. Filing your tax return electronically can avoid some of the common mistakes that accompany a tax return, but there are still several things American taxpayers must consider. Therefore, be sure to read through our overview of common tax return errors below to ensure you file an accurate tax return this year.
Social Security Numbers
A common mistake is a missing or an inaccurate social security number on the tax return. Even though adding your SSN to the tax return is a basic step, it is not unusual to make a mistake when you copy the number from your social security card. Therefore, always double-check any filled in social security numbers before you file your return.
Inaccurate social security numbers are not the only mistake made by American taxpayers, because spelling errors are also common. A misspelled name or address for example could lead to the IRS having problems processing your return. Many American taxpayers also make mistakes when filling in their bank account numbers, so all information that requires a large amount of numbers to be accurately filled in is a reason to double-check that page of your return.