Question: With all the tax reform changes that will affect my 2018 tax filing I am worried that I might make a mistake. Does the BBB have any advice I might need to know for filing my 2018 taxes?
In 2018, lawmakers approved the biggest changes to tax law in over a decade. Those changes mean many individuals and families will get a bigger return this year, but only if they fill out their tax returns correctly.
Jim Winsett of the BBB. If you make a mistake on your tax return for 2018, you could pay more in taxes, receive less refund money or create a red flag that leads to an audit. Let’s look at some of the most common mistakes so you can steer clear of them when you file.
Not Filing Electronically. When you use software to fill out your tax return, the software does the calculating for you. It also checks for blank fields and asks about deductions you might have missed. It’s harder to make math mistakes, and you can’t submit it until you complete all the required information.
No one has to decipher your handwriting. If you use the same software year after year, it cross-references data with previous years and imports your tax history. The most popular online tax preparation providers report they’ve updated for tax code changes and they’re ready to process your return.