TOP ERRORS ON FORM 1040.

PositionMistakes by tax preparers - Brief Article

The IRS has identified the following as the top 10 errors made by paid tax preparers on 1040 paper tax returns:

  1. Taxpayer identification numbers or names for dependents didn't match IRS or SSA records. Result: IRS did not allow the exemptions.

  2. TINs or names for dependents didn't match IRS or SSA records. Result: IRS did not allow all or part of the child tax credit.

  3. Primary SSN was incorrect or illegible.

  4. Earned income credit was figured or entered incorrectly.

  5. Dependent's last name had to be corrected.

  6. SSN for child(ren) who qualify taxpayer for earned income credit didn't match SSA records. Result: Earned income credit was changed.

  7. Child tax credit was figured incorrectly.

  8. Didn't include nontaxable earned income from W-2s. Result: Earned income...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT