8 Costly Tax Mistakes You Should Avoid This Year

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2. Missing or incorrect information

According to Mark Jaeger, director of tax development at tax preparation firm TaxAct, one of the most common mistakes people make when it comes to tax filing is neglecting to include necessary information. So, leaving a box blank or fat-fingering your Social Security number could get you into a lot of trouble.

Fortunately, the easiest way to steer clear of those mistakes is to import your last year’s return so you don’t run the risk of a typo when manually keying in your information. However, it’s even easier if you use the tax software, because it will automatically send you an alert if you make any errors.

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