If you haven’t filed your 2024 Tax refund yet, you still have plenty of time. The 2024 tax refund filing deadline is on April 15. Whatever you do, don’t rush through the steps as this can lead to mistakes on your 2024 Tax Refund.

Find out how to avoid the most common mistakes made when filing 2024 Tax Refund

1. Filing a late tax return

The IRS approximates that about 20% of taxpayers wait until the week before the deadline to file their tax returns. Not filing rebates on time will complicate the status of your 2024 tax refund. It’s free to file a six-month 2024 tax refund extension until October 15, 2024, but you’ll have to pay estimated taxes owed and you’re losing money if you’re expecting a refund.

2. Misspelling names or entering the wrong Social Security numbers

This problem is more common than you think. 2024 Tax refund applicants must enter their full name exactly as it is spelled on their Social Security card, as well as the exact Social Security number.

3. Using an incorrect filing status

2024 Tax Refund filing status determines the standard deduction, eligibility for tax credits, and overall tax burden. US taxpayers can file their 2024 Tax Refund as Single, Married Filing Jointly, Married Filing Separately, Head of Household, and Qualifying Widower with Dependent Child.

4. Entering the wrong AGI from last year

The IRS uses taxpayer-adjusted gross income (AGI) from the previous year to verify their identity. The IRS needs the exact AGI from the taxpayer’s 2022 tax return to file your 2023 taxes online. If taxpayers don’t match last year’s AGI, your 2024 tax refund application will be rejected and taxpayers have to file again.

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5. Making math errors with credits or deductions

Wrong calculations can result in an inaccurate 2024 tax refund, meaning taxpayers either lose possible money or will have to pay an overage back with fees and penalties.

6. Forgetting to sign the 2024 tax refund

Filing a paper tax return will delay the taxpayer’s 2024 tax refund significantly. Filing it without a signature will cause the IRS to discard their return and ask them to file again, making the process considerably slower.

7. Getting bank account or routing numbers wrong

File electronically with direct deposit and taxpayers get their refund in about 21 days, according to the IRS. It won’t work if taxpayers enter the wrong bank account or routing numbers when they file their tax returns.

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