Rushing with tax filing may result in errors; Electronically present, extensions available
IR-2018-86SP, April 6, 2018
WASHINGTON – As the deadline for tax filing on April 17, many taxpayers may rush to complete their tax returns or find they need more time to make approaches. The IRS recommends taxpayers to request an extension to file if they need one.
Errors can occur when rushing to file a tax return by the deadline. This may mean more processing time and possible delays in tax refunds. E – file is the best way to avoid common mistakes; It is also the most accurate way to file a tax return form. The IRS estimates that about 70 percent of taxpayers can file your tax return at no cost if they use the software IRS Free File .
Avoid common tax filing errors by following these tips:
This electronically. Submit electronically reduces errors on tax returns because the software does the calculations, points out common mistakes taxpayers and requests the missing information.
Take a look at the tax tables. When calculating the tax usingthe tax tables (in English), taxpayers must be sure to use the correct column for the filing status claimed.
Clearly enter all information requested. When you enter information on the tax return, including Social Security numbers, take the time to make sure it is accurate and easy to read. Also, check a single filing status and the appropriate exemption boxes.
Review all figures. While the software catches and prevents many errors in the declarations submitted electronically, mathematical errors remain common on paper statements.
Get the right routing numbers and account. Request direct deposit of a federal tax refund in one, two or even three accounts is convenient and allows taxpayers to access their money faster. Make sure the routing numbers and account of the financial institution entered in the declaration is accurate. Incorrect numbers can cause a refund to be delayed or deposited into the wrong account.
Sign and date the statement. If you file a joint return, both spouses must sign and date the statement. To electronically file an individual tax return, taxpayers must electronically sign the tax return a personal identification number (PIN): either the PIN self-selection or PIN method of tax professional.
Attach all required forms. Those with paper returns must attach W-2s and other forms in front of their statements that reflect the withholding tax. If you request a payment agreement with the IRS, also attach Form 9465 , Request for Installment Payment Plan, in front of the declaration. Attach the other necessary schedules and forms the upper right corner of tax form in the order listed in the instructions.
Keep a copy of the statement. Once ready to present, taxpayers should make a copy of your signed declaration and all forms for your records.
Request an extension to file. For taxpayers who can not meet the deadline of April 17, requesting an extension to submit it easy and avoid fines for late filing. Use Free File to request an extension electronically or on paper the Form 4868 (SP), Application for Automatic Extension to File Tax Personal Income United States. Other quick, free, and easy ways to get an extension include Direct Pay IRS (English) System Electronic Federal Tax Payment or pay with a credit card or due . No need to file a Form 4868 requesting an extension separated when an electronic payment is made and indicates that it is for an extension. The IRS will automatically count as an extension. But note that while an extension grants additional time to file, tax payments must be paid on 17 April.
You should tax? If so, several options of payment are available. If you send a check or money order, make it payable to “US Treasury.”
Taxpayers can find help and additional resources at IRS.gov, including Service Guide IRS .