Video: How To Reduce Errors on Your Tax Return
Did you know that errors on your tax return can affect the amount of your tax bill and the amount of time it takes to get a refund? Fortunately, TurboTax helps you avoid errors AND be sure you're getting all the tax deductions and credits you deserve
Video transcript:
Hello. I'm Tiffany Smith from TurboTax. Did you know that errors on your tax return can affect the amount of your tax bill and the amount of time it takes to get a refund?
Believe it or not, incorrect or missing Social Security numbers top the list of errors. The simple solution is to transfer numbers carefully. TurboTax helps you avoid errors by importing tax information directly from more than 100,000 employers and banks, and transferring your tax information from last year’s return to this year’s return.
Computation errors also trip up thousands of returns. If you use the wrong tax table, for example, all the numbers that follow will be incorrect. TurboTax walks you through every step of the process. It asks you simple questions and guides you to make sure you don’t miss a thing.
TurboTax automatically double-checks your return for errors and your arithmetic for accuracy. We’re so sure it’s right, you get a 100% accurate calculations guarantee. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest amount.
TurboTax even searches for missing deductions and tax credits to ensure that you get all the savings you’re entitled to. So do your taxes with confidence.
With TurboTax Live Full Service, a local expert matched to your unique situation will do your taxes for you start to finish. Or, get unlimited help and advice from tax experts while you do your taxes with TurboTax Live Assisted.
And if you want to file your own taxes, TurboTax will guide you step by step so you can feel confident they'll be done right. No matter which way you file, we guarantee 100% accuracy and your maximum refund.