taxaid.net  
 
Offer In Compromise
Penalty Abatement
IRS installment Plan
IRS Tax Penalties
IRS Audit
Bankruptcy



Home Self Help Kit Tax FAQ Contact Us




FAQ:

Top 10 Return Preparer Errors
According to the IRS, the top 10 errors on Form 1040 made by paid tax return preparers through March 2, 2000 are listed below. (These errors apply to paper returns only... not to electronic filing.)
  1. Taxpayer ID numbers (Social Security numbers) or names for dependents didn't match IRS or Social Security Administration (SSA) records, so the IRS wouldn't allow the exemptions.

  2. Taxpayer ID numbers or names for dependents didn't match IRS or SSA records, so the IRS wouldn't allow all or part of the child tax credit.

  3. The dependent's last name didn't match IRS or SSA records.

  4. The Earned Income Credit was computed or entered incorrectly.

  5. The primary taxpayer's Social Security number was incorrect or illegible.

  6. The return didn't include nontaxable earned income from the W-2 form, so the Earned Income Credit (EIC) was required to be changed by the IRS.

  7. The Social Security number for children who qualify the taxpayer for the EIC didn't match IRS or SSA records. The IRS was required to change the computations for the EIC.

  8. The child tax credit was computed incorrectly.

  9. The taxpayer's name on the top of the tax return was illegible or didn't match IRS records.

  10. Based on the information reported, a "joint" return was filed when a "single" return was required.








Copyright 2004 TaxAid.net. All Right Reserved

The information provided here should not be relied on as a substitute for independent research to original sources of authority. TaxAid does not render legal, accounting, tax, or other professional advice. If legal, tax, or other expert assistance is required, the services of a competent professional should be sought.