03.09.2022 - By Jeff Rose, CFP®
There was a time in high school, and I totally deserved it, where I got sent to the principals office. Luckily I learned from my mistake and didn’t repeat it. Getting in trouble with your teacher and/or the school is not something I wanted to do again. As an adult, I would say the equivalent to this would be if I were in trouble with the IRS. No one wants to do something that will get them in hot water with the IRS. Today I want to share 5 mistakes that you want to avoid when filing taxes. 03:33 Forgetting paperwork 07:11 Missing or incorrect information 09:02 Don’t wait until the last minute 11:27 Choosing the incorrect filing status 12:41 Missing a tax break Resources: Best Tax Software Programs TurboTax Review: An Industry Standard for DIY Tax Prep What Happens If You Don’t File Your Tax Return? Check out my YouTube channel here. Follow me on Twitter and Instagram.