Fewer Tax Mistakes Reported

Tax Mistakes

Americans are making fewer mistakes on their tax returns.

The IRS found about 2.7 million errors made by taxpayers on their 2011 returns.
While that may sound like a lot, it’s actually less than half the mistakes found on returns from 2010.

A local tax preparer tells us this is likely because more people are using online software programs.

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“There was a high percentage of math errors where people carried the wrong number of transposed numbers when they wrote them down. Now, when you plug in income for example and withholding, the program adds everything up and you do virtually no math,” said Bob Smith with Albert Lea Tax Service.

Experts say if your return is fairly simple- online filing is a great option. But if you have a more complex return, they recommend going to see a professional face to face.

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