Video: How To Reduce Errors on Your Tax Return
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.
For more information about how TurboTax can help you file your tax return quickly and accurately, and for details on our guarantees, visit TurboTax.com.