Saturday, February 3, 2024

8 Math Mistakes the IRS Finds on Tax Returns

Woman has headache doing taxes bills budgeting
tommaso79 / Shutterstock.com

Tax returns are something you want to get right the first time. A math error could cause processing delays or worse, like a refund adjustment or a penalty. And while the use of tax software these days reduces the number of errors we make, it certainly hasn’t eliminated them. The IRS keeps data — most recently from the 2021 tax year — on the most common types of math errors it sees on tax…



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