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Click here to purchase The Ernst & Young Tax Guide 2008.
This year's E&Y tax guide contains 28 tax forms and schedules for taxpayer use, and new, special sections on the Alternative Minimum Tax, e-filing, education-related adjustments, and estate and gift tax planning, top ten tax tips, and the most common filing errors.
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Tips for Avoiding Mistakes on Your Taxes
From The Ernst & Young Tax Guide 2008
Check your math. Make sure the numbers add up.
Include your Social Security number. Is your Social Security number written correctly and included on every page of your return? If you are married, check that your spouse's Social Security number is properly listed, whether filing a joint or separate return.
Don't forget dependents. Make sure you claimed all of your dependents, such as elderly parents who may not live with you. If you claim any dependents, include their Social Security numbers, even dependents born during 2007.
Look for breaks on dependents. If you are single and have a dependent who lives with you, check to see if you qualify for the lower tax rates available to a head of household or surviving spouse.
File joint or separate? If you are married, check to see if filing separate returns is more beneficial than filing a joint return.
Include W-2 forms. Attach all copy Bs of your W-2 forms to your return to avoid a notice from the IRS. If you received a Form 1099-R showing federal income tax withheld, attach copy B of that form as well.
Overlook any deductions? You may be eligible to claim the additional standard deductions if you are blind or 65 years of age or older.
Finally, did you sign? Make sure to sign your return or the IRS will send it back.
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