Part 6/9:
To avoid problems, always retain detailed records and receipts supporting your deductions. Proper documentation can justify your claims and prevent disallowance, which could lead to penalties and additional taxes owed.
4. Incorrect or Incomplete Information
Simple errors like misspelled names, incorrect Social Security numbers, missing signatures, or incomplete forms can serve as red flags. Even small mistakes may prompt the IRS to delve deeper into your return or review previous filings.
Before submitting, review your return carefully, checking every line and field for accuracy. Don't leave any questions blank—answer all relevant fields, even if the answer is zero. Using tax software can help catch errors, but ultimately, you are responsible for ensuring correctness.