Tax Tips



Frequently Asked Questions



What should I do if I make a mistake on my tax return? It depends on what type of mistake you make. If you made a mathematical mistake, this will usually be caught during processing and corrected.
Of course you can avoid mistakes like this by using an online tax return software program. Your tax return will be scanned for errors and flagged before you send it to the IRS.
If the mistake is more serious then, you will need to file an amendment using Form 1040X. If you forgot to attach a schedule, the IRS will be contacting you.

Is there an age limit on claiming my children as dependents? If you’re trying to qualify a child, age is a factor.
If you’re trying to qualify a relative, age is not a factor. Relationship, residence, age, and support are the factors in determining a qualified child. This can get a little complicated.
I would definitely use tax software to help me make sure my return is accurate and error free.

If I claim my son as a dependent because he is a full time college student, can he claim himself? The answer is a simple no.
If you claim your full time college student son or daughter, then he or she will not be allowed to claim themselves on their tax return.

To claim head of household filing status, do you have to claim a dependent child to qualify?
There are certain circumstances in which you do not need to claim the child as a dependent to qualify for head of household filing status. For example, when the child is unmarried and is your child, grandchild, stepchild, or adopted child. You will have to read about the criteria for claiming head of household filing status. This particular filing status can be complicated.

What documents should I bring?
Often, an EXPRESSTAX tax preparer will find deductions you may not realize you’re entitled to receive. To be sure you claim every deduction you’re entitled to, bring the following items with you to your EXPRESSTAX tax preparer.
At EXPRESSTAX you’ll receive fast, accurate tax preparation without the long lines.
Social Security Card(s)
Driver’s License(s)
Dependents’ Social Security numbers and dates of birth
Wage Statements (W-2)
Last year’s return (if available)
Pension, Retirement Income, 1099-R(s)
Interest and Dividend Income
Commissions
Sales of stocks or bonds
Self-employed business income & expenses
Lottery or Gambling winnings/losses (W-2G)
State Tax Refund (1099-G)
Social Security/Unemployment Income (SSA-1099)
Rental Property Income and Expenses
Alimony Paid or Received
Record of Purchase or Sale of Residence
Medical and Dental expenses
Real estate and personal property taxes
Estimated taxes or foreign taxes paid
Cash and non-cash charitable contributions
Mortgage or home equity loan interest paid
Un-reimbursed employment related expenses
Job related educational expenses
Child care expenses and provider information
Education Expenses (if any)
Moving Expenses (if any)