Properly preparing your tax return can be tricky, but here are some tips to help you avoid common errors:
- Submitting your tax return online ensures greater accuracy than mailing it in. The e-file system can detect common errors and send your filing back to you for you to correct, saving you a ton of time in processing and delays.
- Make sure to clearly print or type your full name, taxpayer identification number or SSN, and current address (including zip code).
- Choose only one correct filing status.
- Enter your income on the correct lines and include a Form 1040 to declare additional income and adjustments as needed.
- Put brackets around negative amounts.
- Keep a copy of the signed return and schedules for your records.
* This information is not intended to be a substitute for specific, individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.
Tip adapted from IRS.gov6
Footnotes and Sources
- IRS.gov, January 3, 2021