January 30, 2009
WASHINGTON (AP) -- No double-dipping on your income tax forms!
The Internal Revenue Service is finding that many taxpayers are
making that mistake in connection with last year's tax rebates.
A sampling of returns shows that 15 percent of early filers made
mistakes in the section dealing with the rebate. The errors were
found using IRS software that checks for mathematical errors in
returns. The IRS corrects the error, delaying tax refunds by about
The IRS sent taxpayers nearly 119 million rebate checks as part
of last year's economic stimulus package. This year's tax returns
include a section for the few taxpayers who are eligible for
additional credit. The IRS says many taxpayers have incorrectly
entered the amount of their rebate check on the line that calls for
the amount of credit they are claiming.
Instead, taxpayers should complete an accompanying worksheet to
determine whether they qualify for an additional credit.
(Copyright 2009 by The Associated Press. All Rights Reserved.)