What are some common tax mistakes I should avoid?
Some common tax mistakes include filing late, not reporting all income, and overlooking deductions.
Can you elaborate on the deductions I might be missing?
Sure! Many people miss out on deductions like medical expenses, student loan interest, and home office expenses.
What happens if I make a mistake on my tax return?
If you make a mistake, you can file an amended return. However, it’s best to correct it as soon as possible.
How can I ensure I don’t make these mistakes next year?
Keeping organized records, using tax software, or consulting a tax professional can help you avoid mistakes.
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