The American Tax Cheat
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Top Tax Filing Errors

Price: $4,500 This trike was hand-built by Worksman Cycles--the company that invented the delivery tricycle in 1898 for ice cream vendors—with fabric and colors that were custom designed by Tory Burch. One nice feature: if pedaling along grows tiring, flip a switch and activate a clean-energy electric drive system.

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Filing Status Errors

Make sure you choose the correct filing status for your situation. Your filing status determines a number of tax benefits, so making a mistake here can affect the earned income tax credit, child tax credit, and dependent exemptions. There are five filing statuses: single, married filing jointly, married filing separately, head of household, and qualifying widow(er) with dependent child. The IRS recommends Publication 501 to determine the filing status that best fits your needs.