One of the most important ways taxpayers can reduce the number of errors they have on their tax return is by electronically filing it. Most tax software programs do the math for individuals, flag common errors, and prompts taxpayers for missing information. Using tax software can also help a taxpayer claim valuable credits and deductions.
Another way to avoid making common errors is by using a reputable tax preparer. This includes certified public accountants, enrolled agents, or other knowledgeable tax professionals.
The IRS urges all taxpayers to file their tax returns electronically and choose direct deposits in order to receive their refund faster and avoid pandemic-related paper delays.
Optima Tax Relief reviews some common errors taxpayers should avoid when preparing their tax return:
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