From Yahoo Finance: 2025-04-08 13:01:00

Tax filing errors can lead to unexpected bills or overpayments. Understanding common mistakes, such as inaccurate Social Security numbers, can help avoid penalties. Checking employer tax withholdings and using IRS resources can ensure accuracy. Choosing the correct filing status and being meticulous with calculations is crucial to prevent costly errors. Eligibility for tax credits and deductions should be carefully reviewed to maximize savings and avoid repayment issues.

Read more: 7 Tax Filing Errors That Could Cost You Thousands