Reviewing Your Tax Return for Accuracy

Whether you are filing yourself or having a tax preparer prepare and file your Tax Return, always double check your information. An error can cause a delay in processing, several days at a time. While you will be able to correct the mistakes and file again if you are electronically filing, you do, of course, want it to be done right the first time. If you are filing on paper, the process to correct any changes will take much longer. To reduce the possibility of your return being rejected, pay attention to the following:

1. Make sure names are spelled correctly, as reported on your SSN card. If you have changed your name in the last year, you should have received a new SSN card reflecting those changes.
2. Check that social security numbers are correct for the whole family. It is easy to transpose numbers, so check number by number for accuracy.
3. If you have an amount due and are paying by paper check to the IRS or other government agency, make sure the SSN of the first person listed on the Tax Return (whichever spouse is listed first) is recorded on your paper check. In case the check is separated from the payment voucher, they will have easy record for where to apply the payment. Also list your name, address, and phone number on the check.
4. If you are receiving a refund or paying electronically, verify the direct banking information is correct. If the banking information (account and routing numbers) is still in the system from the previous year, do not assume it is correct, especially if you had difficulties receiving the refund or sending payment the previous year, or if your account or routing numbers have changed.
5. Verify your address is current and correct, especially if you have had a change in address. Remember, when you move, you need to change your address. If the IRS does not have your correct address, you might not receive your paper check refund or notices regarding changes to your account. You can change your address by using Form 8822, found in the Client Center of our website.  

When meeting with your tax preparer, make sure to inform them of any changes in situation, including a change of address, phone numbers, additions to the family, name change, or change in marital status. These factors can affect the accuracy of your Tax Return and any mistakes can cause a delay in processing or receiving your refund.

At PHD Tax, we triple check our client’s information and remind the client to verify as well, to avoid any mistakes or changes. When you first meet with us, we will have you fill out our New Client Information Form, and we will cross reference this with your previous Tax Return for accuracy. To find out more about us, visit our About Us page. If you would like to learn more about our services or to schedule an appointment, call the office at (425) 242-0636 or email us at office@phd-tax.com