Some of the most common calculation errors include thetaxable amount of Social Security income,taxable income, and theChild and Dependent Care Credit. Errors in the amount of taxes withheld, estimated taxes paid, theEarned Income Tax Creditor the increasedStandard Deductionfor certain taxpayers ...
Interest, dividends or original issue discounts (1099-INT/1099-DIV/1099-OID) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deduction Taxable qualified retirement plan distributions ...