7 common tax-filing mistakes Americans make and how to avoid them [Yahoo! Finance]
H&R Block, Inc. (HRB)
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Source: Yahoo! Finance
But there's good news: The most common tax mistakes are simple fixes. Here's everything you need to know about what they are and how to avoid (and fix) them if they happen to you. 7 common tax mistakes to avoid As you file your federal returns, look out for these common — and avoidable — mistakes. 1. Filing your tax return too soon Filing your tax return early isn't necessarily a bad idea, but submitting it before you receive all your tax documents could result in errors. Even the simplest tax returns that only require a Form W-2 shouldn't be filed before Jan. 31, which is the deadline for employers to send out W-2s to employees. For this year, the deadline was Feb. 2. More complicated returns may need to wait longer. Many 1099s, used to report additional income for the self-employed and not from an employer, can come as late as mid-February. If you file before receiving your documents, you risk underreporting income. And this could increase your chances of an IRS audit
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- 2/3/26 - Beat
HRB
Sec Filings
- 2/5/26 - Form 10-Q
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- 2/3/26 - Form 8-K
- HRB's page on the SEC website