Do you self-prepare your tax return?  If so, don’t make these mistakes.  This is our top seven list of tax return errors we see by those who DIY their tax returns.

1. Number transposition and spelling errors. This includes income and deduction amount, Social Security numbers, addresses and ZIP codes.
2. Unreported 1099 income. This can be for self-employment income or when selling stock and other securities.
3. Tax payments: reporting incorrect or unpaid amounts of tax you paid for the year.
4. Not resolving any previous IRS correspondence. It likely will hold up the processing of your 2016 tax return.
5. Not reporting that you can sign or control a foreign bank account.
6. Improperly depreciating rental property.
7. Thinking that an extension extends tax due date. An extension just buys you more time to file your tax return. Your tax is still due on April 15. Interest and penalties will accrue after that date.