Here’s a lineup of the five biggest mistakes taxpayers make and what you can do to avoid them.
1. Bad math. According to the Internal Revenue Service, math errors are the number one mistake taxpayers make. If you receive a notice of a correction from the IRS, check the figures carefully. They too have been known to make math mistakes.
2. Forgetting about interest and dividends. Interest and dividend payments are reported to the IRS by financial institutions and are cross-chec...
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