18 responses

  1. Yakezie
    April 16, 2011

    Phew! Glad you got that fixed and you were checking!

    I’m waiting and waiting for mine… should be any day now so I can blow it all! :)

    Sam

    • Money Reasons
      April 16, 2011

      Typos… grrrr

      At least it was simple!

      I was surprised that I got back as much as I did. It wasn’t as much as prior years, but it was a positive number still. I was dreading it because I thought I was going to have to pay this year.

      So big Whew! :)

      • Yakezie
        April 16, 2011

        Always good to be surprised on the upside! The Yakezie Pledge Page is up btw. Let us know what you think!

        Thanks, Sam

  2. Nicole
    April 16, 2011

    This year when dealing with the IRA Roth conversion DH discovered he’d misreported the Traditional IRA contribution in years past (apparently they cumulate or something) so we had to send in a corrected redo of last year’s return with this year’s.

    • Money Reasons
      April 16, 2011

      That a reoccurring nightmare that I have. I would literally hate to:
      1.) Be audited
      2.) Have to go back and redo old Tax Returns because of an error.
      3.) Be penalized in any way because of a human mistake!

      What kills me is when politicians like Tim Geithner even mess up their taxes.

      I think our tax system is a little too hard when some of the country’s brightest can’t get it correct…

      Thanks for sharing! I believe it helps others to read comments like yours above!

      My sympathies to your husband, hopefully it’s all squared away now.

  3. Moneycone
    April 16, 2011

    Wow! That would be a nasty surprise! Glad it wasn’t anything serious!

    • Money Reasons
      April 16, 2011

      Thanks, yeah I had a mini-heart attack, but at least the fix was very simple!

  4. Justin @ MoneyIsTheRoot
    April 16, 2011

    Last year my tax return was rejected because they wanted more paperwork to back up the homebuyers tax credit I received… they didnt get me the letter until May, and I dont think I received my tax refund until July or August last year

    • Money Reasons
      April 16, 2011

      Wow, that is a long time. I was afraid that they might penalize me in some way if I didn’t get it correct before the 4/18 deadline.

      Thanks for adding such a great personal comment! I think it’s good to see that other people makes mistakes too, or have issue with government forms too.

  5. retirebyforty
    April 16, 2011

    One of the reason people get audit is basic typo so I always try to triple check everything. We just sent in our return on Friday since we owe money, we wanted to wait until the last minute. I caught one typo in the stock form and remembered that state tax payment from last year is deductible! So I saved another $50. yay!

    • Money Reasons
      April 16, 2011

      I thought I was going to owe too, but I overestimated the tax and I still got a decent return back.

      Congrats on saving $50! I hate paying taxes (like everyone else I’m sure), so yay!!!

  6. sooverdebt
    April 16, 2011

    I usually go through mine backward before I submit it – instead of reading my address as 123 Main Street, I read “Street Main 123.” You wouldn’t believe how many typos I’ve found that way. I’m glad I’m not the only one! Glad yours was easily fixed as well. Taxes make me a nervous wreck!

    • Money Reasons
      April 17, 2011

      Better save than sorry! I usually have me wife (she’s an accountant), give it a once over before I submit mine. Usually she find an error or two, but this year she was spread thin already with other tasks.

  7. Ravi Gupta
    April 17, 2011

    Haha I’ve never had any issues like that before. I highly doubt that you’ll be making the same mistake again next year.

    -Ravi Gupta

    • Money Reasons
      April 17, 2011

      :) Yep, next year I’ll probably start a lot earlier too. I’ll probably just go with TT again.

  8. optionsdude
    April 17, 2011

    It sounds like the Turbo Tax program was a big help in identifying the error. Imagine a paper return where you had written in the wrong number. Wrong SS numbers are always a red flag and would have had your return pulled possibly leading to an audit. At least it was rejected up front and a quick, easy fix.

  9. BeatingTheIndex
    April 17, 2011

    You’re lucky it was only “that” problem that got your application rejected. Good thing it was also easy to fix and resubmit!

  10. Little House
    April 17, 2011

    Lucky that Turbo Tax caught that mistake before the deadline! I still file via paper, but might start thinking about filing online next year. It’d be nice for a program to warn me of any errors!

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