Here's an article I've covered before detailing the top seven taxpayer mistakes. Last time, I detailed these seven taxpayer mistakes in a series so I could cover each of them in detail. This time, I'm just going to list them as a reminder and link back to the corresponding series post in case you want additional information. Here are Money Central's top seven taxpayer mistakes:
1. Bad math.
2. Forgetting about interest and dividends.
3. Not properly tracking investment 'basis'.
6. Failing to bunch deductions.
7. Forgetting to donate unwanted items to charity before Dec. 31.
For more tax-related information, see these posts:
- Six Don't-Miss Tax Breaks
- Need Help this Tax Season?
- Eight Ways to Avoid an Audit
- Tax Law Changes You'll Need to Consider for 2005 Income Tax Returns
- Top 10 New Year Tax Resolutions
- The Fastest Tax Refund Possible
- 3 Keys to Choosing the Best Tax Pro
- Five Common Tax Filing Mistakes
- Why I Use a CPA to Do My Taxes
- Tax Savvy Ways to Save for an Education
- The Basics of Tax Record Keeping: What Should You Keep?
- As Audits Increase, Taxpayers Should Seek Professional Assistance to Avoid Trouble with the IRS
FMF recommends: H&R Block. Do it yourself or have us do it. It's never been easier.
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