February 28, 1990
Tips for Last Minute Filers
WASHINGTON -
As taxpayers continue to file their federal
income tax returns ahead of last year's pace, the Internal Revenue
Service offered some tips, based on a survey of returns filed so
far, to those who have not sent in their returns.
Check your math carefully for simple mistakes in adding and
subtracting. The IRS noted that one of the most common errors
taxpayers make is subtracting to figure their refund.
Taxpayers who don't itemize deductions sometimes make mistakes
in choosing the standard deduction amount that is right for them.
The standard deduction you are entitled to claim is based on your
filing status, whether you are age 65 or older or are blind, and
whether you are a dependent of another taxpayer. The IRS reminded
taxpayers to use the standard deduction charts in the tax
instructions to find the correct amount.
The IRS also reminded taxpayers eligible for Medicare that they
should ignore any lines on Forms 1040 and 1040A that refer to the
supplemental Medicare catastrophic premium, or surtax. The law
repealing the surtax was enacted late in 1989 after the tax forms
were printed. So taxpayers should just leave the lines for the
Medicare surtax blank or enter a zero there.
The IRS noted that refunds are running ahead of last year, both
in number and average amount. Those who file returns before the
last minute rush can expect refunds in about four weeks.
1990 Filing Season Statistics
Individual income tax returns received and processed
For the week ending Feb. 24, 1989, and Feb. 23, 1990
Percentage
1989 1990 Change
Receipts 6,738,000 6,714,000 0.4
Processed 4,628,000 5,302,000 14.6
Cumulative from January 1:
Percentage
1989 1990 Change
Receipts 30,801,000 31,916,000 3.6
Processed 15,141,000 18,084,000 19.4
Electronically filed individual income tax returns
For the week ending Feb. 22, 1990: 588,823
Cumulative for 1990 since Jan. 1: 2,543,439
Cumulative for 1989 for same period: 644,593
1990 increase over 1989: 283 %
Refund comparison:
Refunds certified by Martinsburg Computing Center through
Feb. 24, 1989, and Feb. 23, 1990:
Percent
1989 1990 Change
Number 8,258,000 9,931,000 20.3
Amount of principal $6,814 million $8,623 million 26.5
Average refund $825 $868 5.2
Taxpayer Service filing season statistics
1/1/89 - 2/25/89 1/1/90 - 2/25/90
Toll-free phone
calls answered 8,095,046 7,263,393
Tele-Tax calls 1,178,217 1,244,606
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