Wednesday, April 15, 2009

Tax Day Procrastinators Not Alone

PORTLAND, Ore. (Wireless Flash - FlashNews) – If you procrastinated on your taxes today (Apr. 15), you’re not alone.

According to data from Microsoft Live Search, the number of folks who searched the term “IRS Tax Extension“ jumped 1,400,000 percent from April 1 to April 15 of last year. The reason for delayed filing may be due to common tax goofs.

According to, the IRS says one of the top 10 tax goofs is forgetting to sign and date your return. Other errors that can cost you time, money, and frustration include...

  • Claiming the wrong filing status.

  • Omitting or using wrong Social Security numbers.

  • Failing to use correct forms and schedules.

  • Claiming ineligible dependents.

  • Misusing – or not using – the earned-income credit.

  • Losing receipts.

  • Failing to report domestic workers.

  • Failing to report all income.

  • Failing to check for the alternative minimum tax.

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