No one wants to go through the work of preparing your tax return only to file it and have it rejected by the IRS. Unfortunately, there are several mistakes that people often make that will result in a rejected tax return. It is important that you double check your return before you file it so that you can avoid this headache. Mark Dicus & Company is here to talk about some of the most common mistakes people make when preparing their tax return.
Make Sure Social Security Number is Correct
Before you send off your tax return, make sure the social security number on the return is not only entered into the right place, but that it belongs to the right person. This is an error that is seen on joint returns more than others. It isn’t uncommon for spouses to mix up the social security numbers and put them in the wrong place. This is an easy mistake to fix and is worth the extra minute to make sure you have it right.
Does Your SSN have to Match Your Name?
There are several people that do not go by the name that is on their social security card. At least they may not go by the exact name that shows up on their card anyway. When you are filing your taxes, you need to make sure that your return has your name exactly the way that it is written out on your social security card. Don’t shorten your name or skip part of your name. You will want the full name as is shown on your SS card or you will be rejected.
Report All Taxable Income to IRS
It’s important to remember to report all of your income. Sometimes, you may have income coming in from several different places. This could include tips, ride sharing or even babysitting jobs that you have done throughout the year. If you fail to do this, you won’t always get a rejected income, but it may slow down the process considerably.
Give Bank Routing & Account Number
The fastest and easiest way to get your tax return is with direct deposit. It is the easiest option for everyone involved. To do this, you will need to include your bank routing and account number so that the process is as smooth as possible. You will see a much slower tax return check when you wait for a check to be mailed to you.
Tax Preparation & More in Summerlin, North LV, Henderson, Lone Mountain Village & Greater Las Vegas, Nevada
If you are struggling to get your taxes filed every year and frequently deal with mistakes that end up complicating the process, it’s time to turn to the experts at Mark Dicus & Company to help you prepare and file your taxes. We will make sure you get the maximum amount of money from your return as well as ensure all of your information is input correctly. Call us today!