Since 2009, 15 percent more individual income tax returns have been filed electronically. Last year, about 81 percent of tax returns were filed electronically. Errors are much less to occur when people use software programs and file their returns electronically. This is good news for New Yorkers trying to avoid tax issues.
The most common errors are a result of miscalculations. According to the Internal Revenue Service, 2 million people made close to 3 million math errors on their 2011 tax returns. However, improvements are being made. Close to 7 million math errors were made on 2010 tax returns.
Software programs make filing your taxes much easier. As an added bonus, most of the programs allow people to file basic federal returns for free. However, people should not rely entirely on a software program. People should check things over to be sure nothing is missing.
Tax season will be coming to an end in a matter of weeks. People who are scrambling to complete their taxes before the filing deadline may be even more prone to making errors.
The IRS says taxpayers most frequently make errors calculating how much they owe. As we’ve mentioned before on this blog, people may find themselves in hot water with the IRS as a result of human error.
Finding out that there are problems with a tax return can be startling. Fortunately, people may be able to get assistance from a tax law attorney who has a broad understanding of the tax code and who has experience working with the IRS.