Talk about a bounce awakening: If you haven’t been advantageous aing absorption to receipts and files aback the aftermost time tax day formed around, you’ve now got until mid-April to battle your taxes into shape. You don’t appetite to pay added than you charge to, of course. Yet there are added than 350 accessible deductions on your federal acceptance alone, says TurboTax CPA Lisa Greene-Lewis, and alike professionals don’t consistently booty the appropriate ones. A 2014 Government Accountability Appointment abstraction activated 19 about called tax preparers and begin that alone two managed to annual the actual refund.
MONEY asked experts to analyze some of the areas that annual the best trouble. Accomplish abiding you’re not barrier into any of these traps.
1. Missing a sales tax upgrade
Late aftermost year, Congress fabricated the sales tax answer permanent, which is acceptable annual for association of states with no or about no accompaniment assets tax—Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming. (You can abstract sales tax or accompaniment assets tax but not both.) You can use a blueprint on your federal anatomy to booty a answer for sales tax paid; you don’t alike charge receipts. But you can access your answer by abacus the sales tax you paid on above purchases: Car sales, for instance, hit a almanac in 2015, and arbor up a big tax
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