Tax day comes to an end
Tax day is here and we found millions of Americans actually miss that April 15 deadline for filing their federal taxes.
However, you can still ask for an extension.
But remember if you owe money and do not pay on time you will be racking up both interest and penalties.
When filing page after page of your taxes, errors can be made, but on the last day of filing they can be detrimental.
“The most common mistake year after year on tax returns has always got to do with social security numbers,” said Micheal Devine, a spokesperson for the IRS.
He said social security mistakes include putting the wrong number in, forgetting dependents numbers, or even forgetting to write it on the form all together.
Devine also said a common mistake is a lot of college students claiming themselves as independents.
“They inadvertently claim themselves as an exemption and then when mom and dad go to file their return is rejected because someone has already filed with that social security number,” said Devine.
Mistakes like this Devine said can be fixed today.
You can amend tax returns and then re-file.
However, if for some reason you can’t get this done in time or realize you have papers missing you have another option.
“File an extension,” said Devine, “It only takes a few minutes.”
Once an extension is filed you will have six months to get your taxes done.
But again, if you take this route the Better Business Bureau is warning to be safe while filing online.
“If you are filing your taxes today and doing anything online make sure you have a secure internet connection,” said Mike Harrison, Regional director of Mid-Missouri Better Business Bureau.