Taxes and Finance: Avoid name mismatch audits ...Middle East

If you were married, divorced, or changed your name for any reason during the past year, do not forget to file to change your name prior to preparing next year’s tax return. The IRS automatically conducts a name match on the first few letters of your last name. The problem If the name on your tax return does not match the name on file with the Social Security Administration for your Social Security number, here’s what could happen: Your tax return might be rejected when you try to e-file The IRS automatically accepts your income as taxable, but then disallows any deductions You may receive a notice from the IRS with taxes owed and underpayment penalties Here’s what you can do Prior to fili

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Taxes and Finance: Avoid name mismatch audits ...Middle East

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