Avoid These Common Tax Mistakes Before the Deadline
As the tax deadline approaches, it’s tempting to rush through your return. But a few simple errors can delay your refund — or worse, trigger IRS penalties. Here are some of the most common mistakes taxpayers make and how to avoid them.
Top Filing Mistakes to Watch For
- Incorrect or Missing Social Security Numbers: A small typo can prevent your return from being processed.
- Unreported Income: Don’t forget gig work, freelance income, or foreign earnings — the IRS might already know about it.
- Choosing the Wrong Filing Status: Ensure you’re using the correct designation (Single, Head of Household, Married Filing Jointly, etc.).
- Forgetting to Sign and Date Your Return: E-filed returns usually require a PIN — paper returns must be signed physically.
- Wrong Bank Account Numbers for Direct Deposit: Double-check your routing and account numbers to avoid refund delays.
Bonus Tip for Expats
Make sure you’ve reviewed your FBAR and FATCA filing requirements if you hold foreign bank accounts or assets.
Taking a few extra minutes to review your return can save you weeks of delays or hours of headaches later.
