Friday, January 7, 2011

11 most common tax mistakes

Too many mistakes are what people make when filing their taxes every year.  There are common ones that most people tend to make.  The most common mistakes are
1. Forgetting to sign and date your return 2. Forgetting to attach Copy B of your W-2 form to your tax return 4. Making mathematical errors 5. Not making a copy of your signed and dated return
7. Not reporting all of your income
8. Taking deductions you aren't entitled to 
9. Not taking all the exemptions and deductions you are entitled to
10. Preparing your return yourself when it would be more efficient to hire a professional 11. Forgetting to mail your payment.

I think people just have too much stupidity.  They don't take their time and just rush through it.  If they actually took their time reading directions and following them they would probably get a bigger tax return. 


http://www.msnbc.msn.com/id/40821081/ns/business-tax_tactics/

No comments:

Post a Comment