Top Ten Tax Mistakes for 2011, 2012

Have you ever taken a test and became paralyzed mentally, forgetting how to do even the simplest math problems? This anxiety can also occur when preparing to file income tax forms. We get nervous, freak out, and make mistakes filling out our tax documents.

If you make a mistake on your tax forms, you may be hit with a penalty or a visit from the IRS. Take your time, calm down, and take a deep breath.

Here are the Top Ten Tax Mistakes:

1. Forgetting to add Social Security number
2. Writing the wrong Social Security number
3. Making mathematical errors
4. Forgetting to sign tax document
5. Using a simple form like the 1040EZ when the 1040 could have given you a bigger refund
6. Paying for tax preparation when you could have had it prepared for free
7. Failing to file electronically
8. Failing to use direct deposit
9. Waiting until the last minute
10. Going too fast

Tax Form Mistakes Can be Avoided

We all make mistakes, and some of us began life because of a mistake, but we can make the best out of a situation. If you would like to avoid some of these mistakes, you should use tax preparation software. You certainly will not have to worry about using the best tax form for your unique situation in life because tax software will advise you if could have a bigger refund by using a different tax form.

No Audit for Me, Thank You Very Much

As a matter of fact, tax software will guide you through filling out the papers like a GPS guides you to your destination. If you’re making tax mistakes that would flag the IRS to begin investigating for an audit, the audit alert warning will let you know if you have done something to warrant an audit.

Tax Handholding for First Time Users

If you’re new at using online tax preparation software, some companies have special handholding to show you the ropes. I suggest trying TurboTax Online.

I could go on and on about how great they are, how easy it is to use their tax software, how they’re rated #1, how safe their firewall is, and how they use the same encryption technology banks use, , but I really should let you go take a look for yourself to discover what has been waiting for you. Did I mention you will get the biggest refund possible? That is a guarantee! Visit TurboTax Online Today!