Avoid These 10 Common Tax Mistakes

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Waiting to file.

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When it comes to filing taxes, earlier is better, because taxpayers due for a refund can receive it early, while anyone owing money to Uncle Sam can wait to pay until April 17 this year. Most Americans (3 in 4) receive refunds each year, and the average refund is $3,000. Employers typically send out the necessary forms (W-2s and 1099s) shortly after the start of the new year, and as soon as you have the documents you need, you can file.

Next: Filing the old-fashioned way.


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