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Just because you’re not doing taxes by hand doesn’t mean you won’t make a costly mistake. tommaso79 / Shutterstock.com
Tax returns are something you want to get right the first time. A math error could cause processing delays or worse, like a refund adjustment or a penalty. And while the use of tax software these days reduces the number of errors we make, it certainly hasn’t eliminated them. The IRS keeps data — most recently from the 2020 tax year — on the most common types of math errors it sees on tax returns.
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