Providing your CPA and advisory team with accurate, complete, and up-to-date information is one of the most important steps you can take to ensure your tax return is prepared correctly and efficiently. Even small oversights can lead to processing delays, reduced refunds, or IRS notices. To help avoid those issues, here are some of the most common tax return mistakes—and how you can help prevent them.
Incorrect or Missing Identification Numbers
Social Security numbers, ITINs, and EINs must be provided exactly as issued. A missing digit, transposed number, or name mismatch can delay processing and may prevent certain credits from being applied. Please double-check all identification numbers before submitting your information.
Expired ITINs
If your Individual Taxpayer Identification Number (ITIN) has not been used on a tax return in several years, it may need to be renewed before filing. Submitting an expired ITIN can result in delayed refunds or disallowed credits until the issue is resolved. Let us know as early as possible if you’re unsure about the status of an
ITIN.
Typos and Math Errors
Misspelled names, incorrect bank account numbers, or simple calculation errors are more common than you might expect. While some math errors may be corrected automatically by the IRS, these issues can still slow down your return or delay your refund. Taking a few extra moments to review your information can make a big difference.
Filing Status, Dependents, and Credits
Changes in your household, income, or life circumstances can affect your filing status, dependents, deductions, and credits. Incorrect or outdated information may require an amended return later. Tax credits often have specific eligibility rules, so it’s especially important to share any changes or questions with us upfront.
Missing Signatures
A tax return is not considered complete without the required signatures. Missing signatures—particularly on joint returns—can cause your return to be rejected and delay processing. Please be sure all required parties review and sign promptly.
Helpful Filing Tip
Electronic filing helps reduce errors by automatically checking calculations and flagging missing information. Most importantly, open communication with your CPA and advisory team ensures we have everything we need to prepare an accurate return that reflects your full financial picture.
If you have questions about what information to provide or whether something has changed from prior years, reach out to us early. Working together helps ensure your return is accurate, timely, and prepared with confidence.
As always, consult your trusted tax professional to ensure your return is accurate and tailored to your specific situation.