Quiz: Are You Making These Costly Tax Mistakes?

Think you’re a tax pro? From missing tax deductions to falling for common tax filing traps, even small errors can cost you hundreds.

large red question mark on a pile of gold coins
(Image credit: Getty Images)

Even careful taxpayers can make filing mistakes that lead to penalties, missed deductions, or paying more tax than necessary.

Test your knowledge with this quiz and see how well you understand some of the most common tax errors involving key IRS rules and popular tax deductions and credits.

Each answer includes a brief explanation so you can learn the rule behind it.

Article continues below

From just $107.88 $24.99 for Kiplinger Personal Finance

Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues

CLICK FOR FREE ISSUE
https://cdn.mos.cms.futurecdn.net/flexiimages/y99mlvgqmn1763972420.png

Sign up for Kiplinger’s Free Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

Read More