12 Common Tax Mistakes That Are Costing You Money

It’s officially tax season. Yep, everyone’s not-so-favorite deadline (April 17) is just around the corner. It doesn’t matter if you’re still building good financial habits or you’ve been making fiscally responsible decisions all year. You can’t get out of doing your taxes. But this year, you can make sure you aren’t missing out on money that should be yours with help from Linsay Thomas, a finance expert from DealsPlus.com. Below, Thomas shares 12 mistakes *way* too many people make every year so you know exactly what to double check before sending your forms to the IRS.

1. Taking the Standard Deduction: Taking the standard deduction may be quicker and easier, but Thomas notes that if you have a substantial student loan interest, education costs, or medical expenses, you could be better off itemizing your deductions. To prove her point? She says that 20 percent of Americans lose out on an average of $400 by not claiming all their deductions.

2. Submitting With Missing or Incorrect Information: “Make sure you fill out your tax return completely. Missing information can lead to delays,” says Thomas. “The same goes for incorrect information. It’s easy to enter the wrong Social Security number or address. Make sure everything’s accurate before filing.” Double-checking everything before hitting “e-file” will save you some major headaches later.

3. Not Keeping Track of Donations: Whether it’s the casualties of a closet clean-out or old furniture from a minor decor upgrade, most people donate at some point throughout the year. Those donations could be money in your pocket. Thomas says, “Make sure you’re keeping track of every donation you make, as they’re all deductible. However, there are specific rules for documenting charitable donations. The IRS guidelines are listed here and you can get your hands on a simple tax checklist to get you started on organizing your documents.”

4. Not Holding Onto Receipts: “Receipts show what you’ve spent, so if you’re trying to itemize deductions, you need receipts to prove you spent the money you claim you did,” notes Thomas. Plus, receipts provide protection. Thomas adds, “If you’re ever audited, the IRS will go off of your receipts, so if you don’t have any, you likely won’t get credit for the deductions. Hold onto your receipts for at least three years and you won’t have to worry.”

5. Making Simple Math Errors: If you’re like me and somehow graduated college without taking more than one math class, you might want to pay extra attention here. Thomas suggests ditching the calculator and pencil, which are way more prone to errors, and using tax preparation software. It’s absolutely worth the $30 investment.

6. Missing Out on Credits: “College students and parents have valuable credits available to them. Even if you took just one college course last year, you may be eligible for a portion of the credit. The American Opportunity Credit is worth up to $2,500, while the Lifetime Learning Credit is worth up to $2,000. For parents, the Earned Income Tax Credit can be worth up to $6,444. Because credits reduce your tax bills, they’re more valuable than deductions and should not be overlooked,” shares Thomas.

7. Not Keeping a Copy of Your Return: Once you file your return, the work isn’t over. Thomas suggests holding onto a copy for at least three years, explaining, “That’s how long the IRS legally has to audit you. Plus, you should have a copy on hand in case you plan to apply for a loan or mortgage, as many lenders will want to see your previous year’s tax return as proof of income.”

8. Not Claiming Children as Dependents: “Even if your 16-year-old son works and earns an income, he’s still a dependent. According to the tax code, you must provide at least half of your child’s support in order to claim him or her as a dependent,” says Thomas. “You can even claim your college student as a dependent, as long as their income is under $4,050 per year. Your child doesn’t even need to live with you. You might be able to claim your child as a dependent much longer than you think, so don’t overlook this deduction.”

9. Inputting the Wrong Bank Account Number: If you’re due for a refund, you won’t receive it if you use the wrong bank account number, says Thomas. This is a serious face palm situation. “If you need to make a payment and use the wrong account number, the payment will fail and you’ll be charged late fees and other penalties. Verify the account number and routing number before proceeding.”

10. Using the Wrong Tax Forms: “The 1040, 1040A, and 1040EZ forms are all different,” notes Thomas. “Each has its own set of restrictions. You’ll want to make sure you’re using the right ones. Again, investing in tax prep software will help you avoid the mistake of using the wrong form.”

11. Not Starting Your Taxes Early Enough: While it might be tempting to wait until the end of March or even April, Thomas highly suggests you don’t procrastinate. “Start on your taxes as soon as all of your W-2s and other documents come in. You never know if you’ll come across any issues that require professional assistance. These snafus can cause delays, so don’t wait until April. If you owe the IRS money and don’t pay by April 17, you’ll be charged interest.”

12. Not Filing at All: Sometimes it might seem easier to just ignore the whole process, but Thomas says that just because you owe the IRS money and can’t repay them now doesn’t mean you can ignore your tax bill and hope it will go away. “You have to file your taxes every year, no matter your situation. If you don’t file your taxes, you could get hit with huge penalties. You could also get hit with tax evasion charges and be thrown in jail. It’s no laughing matter. File your return by April 17 and let the IRS know about your situation. They offer repayment plans to work with your budget.”

Tweet us your tax tips @BritandCo!

(Photos via Getty)

As I grow older, I’ve come to appreciate the finer things in life. I’m no longer investing in things that don’t truly serve me, especially items that simply won’t last long-term. I’m certainly more particular about the clothes I buy (and even more so the materials they’re made of), and I often have to think twice or thrice before adding some silly little home decor to my cart. These days, I’m more likely to save my hard-earned money for life experiences like vacations and concerts, maintenance items like my car and bike, and a damn good night of dining out.

Past these, there are a handful of comfort purchases that are totally worth the money, according to a select group of millennial Redditors under r/Millennials. From luxury skincare products and high-end kitchenware to travel and sleep necessities, I’m truly amused by (and learning a lot from!) their responses to the question: As you’ve aged, what comfort/luxury items have you decided are worth the money?


Here are the little luxuries they buy every time.

What do millennials spend the most on?

Thirdman

Before digging into the little luxuries of it all, let's see what millennial spending habits look like in general! According to Investopedia, millennials are actually more "value-oriented" when they spend money — likely inspired by the 2008 financial crash and other unprecedented, major societal events. Since values are pretty subjective, that spending can translate in myriad of ways...including "doom spending" — or mindlessly shopping "to self-soothe because they feel pessimistic about the economy and their future" — according to CNBC.

The New York Times reported, "Millennials and Gen Z are more likely than older generations to make spending on a hobby or nonessential purchases a priority." This furthers the fact that instead of always spending towards a goal or an inherent need, millennials are looking for something more with their purchasing power. Opinions on these habits may vary, but one thing remains true: millennials want to use the money they do have to make their lives better.

Arthur Shuraev / PEXELS

1. Nonstop flights.

A few millennials agreed that spending the extra money for nonstop flights is very worth not having any kind of layover that could extend already-long travel days.

“Especially if traveling with children,” one person wrote. “Let The Journey end as quickly as possible.”

Bosch

2. Higher-end appliances.

Higher-end appliances seem popular among this millennial crowd because they have a slimmer chance of going kaput after a few years.

“I don’t want fancy bells and whistles,” one Redditor said. “I want the item to do [its] job and not crap out after 5-6 years.”

“It's the "smart" appliances that crap out quickly,” another person weighed in. “The more unnecessary buttons, the more unnecessary electronics, the more likely there is to be an issue.”

Some responders really love their Bosch appliances, like dishwashers, ovens, and more: “Bosch appliances for life. No frills but will run forever.”

Cottonbro Studio / PEXELS

3. Professional movers.

This one is quite self-explanatory: “Just save yourself the time and pain.” Amen!

Naturepedic

Naturepedic EOS Trilux Organic Latex Mattress

4. A really great mattress and pillows.

Several millennials noted that you’re likely to pay for back pain and other health issues down the line if you don’t invest in a good sleep set-up now. Many users responded that high-quality mattresses and pillows are their #1 ‘worth-it’ splurge.

“You spend 1/3rd of your life in that bed,” one person posted. “And if it's a shit one, it can and will slowly ruin your back and health.”

Sephora

5. Skincare.

Many skincare-focused users said that investing in skincare products that have a positive track record on their skin is also well worth it. Several users’ responses kickstarted a conversation about the best skincare ingredients to look into, especially with aging on the brain: SPF, tretinoin, vitamin C, retinol, and even Botox were mentioned.

A few more products were suggested in the thread were:

Amazon

Victorinox Grand Maitre Chef's Knife

6. Expensive (and sharp) kitchen knives.

A few Redditors said they’ve never once regretted their investment in luxe kitchen knives.

“I have a Victorinox chef’s knife that is my go-to and it was maybe $50 on Amazon. I’ve had it for years,” someone wrote. “Learning to sharpen knives properly is the key.”

“Also, [realizing] you don't need to buy a full knife block,” another person said. “Curating your knives based on the ones you actually [use] in your kitchen.”

Xtrema

Xtrema Versa Pan

7. High-end pots and pans.

Now this is some good advice!

“I find that more money spent on restaurant-quality cookware is worth it because I’m going on 25 years with the same sauce pans, stock pot, and skillets,” one user noted. “Non-stick sucks for everything but eggs and fish, but my cast iron works well enough for that as long as I can pay attention to what I’m doing. Don’t buy sets if you can afford good individual pieces.”

Pok Rie / PEXELS

8. Vacations.

Not only is a vacation one of the most popular comfort purchases among this particular group of millennials, making a vacation last at least one day longer seems to be the move, as it allows ample time for rest and recovery. Sometimes you just really need that extra day to get your mindset straight.

“An extra day off after I get home from my vacation,” someone wrote. “For some reason I need to have a vacation from my vacation before I go back to work.”

Brit + Co

9. A "bougie" gym

Going to the gym is usually a trying experience — you're exerting yourself physically, so why exert yourself mentally too? Instead of opting for the cheaper gyms that don't have as much to offer, some commenters note that the frills make their workout experience all the more worth it. One commenter straight up answered, “Paying for the bougie gym that’s got a sauna, cold plunge, and a good yoga instructor.”

Vlada Karpovich / PEXELS

10. Toilet paper.

It may seem subtle, but paying for higher-quality toilet paper can be a good boost to your everyday routine, according to some Reddit users.

A few commenters also praised the magic of having a bidet: “Best $150 I have ever spent is to [buy a] bidet attachment for my toilet.”

New Balance

New Balance Fresh Foam X 1080v14

11. Shoes with good support.

“Cheap out on shoes? Pay for foot problems and back problems,” one Redditor wrote. And they’re not wrong!

I grew up with parents that wouldn’t pay for cheap shoes in hopes the more expensive ones would last much longer, and I’m glad I did. It’s a mindset I’ve adopted as I grow further into adulthood, buying shoes that aren’t only made of durable materials, but provide ample support for my arches.

Brit + Co

12. “Anything that makes my body hurt less.”

This is pretty self-explanatory, but let's be real: our bodies just hurt as we age. It's an annoying fact of life, but it doesn't have to be a permanent feeling. This commenter likes to buy whatever makes their "body hurt less," and I'd like to think that looks like a lot of things. It could be the comfy shoes we've mentioned, the high-end mattresses, and the likes of all that! It could be an epsom salt that just always relaxes their muscles. It could be really anything, really! But the priority is clear: comfort is seriously key, and spending money on that is certainly not a waste.

Sebastian Ervi / PEXELS

13. Sitting closer at concerts.

Standing for hours in the GA section is so exhausting, and I’m tired of pretending it’s not! A few users agreed splurging on the more-expensive sitting arrangements is way better than waking up with foot and back pain. Plus, the view can often be a lot more enjoyable!

“I'm always trying to get to the front for general admission shows, but when seating is involved, I'm committed to paying more to be closer,” one user posted.

Amazon

14. Non-toxic cleaning products.

One user said non-toxic cleaning products are their go-to comfort purchase worth spending regularly on.

“The toxic overload we experience is causing all kinds of endocrine disorders and cancer,” they wrote. “I make a lot of my own, but if I buy:"

Brit + Co

15. Coffee, chocolate, and cheese.

Knowing what you like — and what's important to you — can really help when you're prioritizing what to spend on. This millennial commented, “I never cheap out on coffee, chocolate or cheese. I’m not buying luxury items, but I will get the highest grade I can get in my regular grocery stores. The cheapest stuff just isn’t worth it.” Amen!

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Brit + Co may at times use affiliate links to promote products sold by others, but always offers genuine editorial recommendations.

Olivia Munn bared it all in her latest SKIMS ad, proving you don't have to hide your scars. The actress posed in a campaign for Breast Cancer Awareness Month, supporting Susan G. Komen®and highlighting her own journey with the disease. She looked absolutely stunning in every photo, but the most gorgeous moment was the way Munn didn't shy away from showing her mastectomy scars. She spoke to TODAY about her experience during the shoot, and why she ultimately decided to ditch her insecurities. Here's what she had to say!

SKIMS

Munn shared with TODAYthat she didn't initially plan to show her scars on the set. The campaign was focused on her recovery post-breast cancer diagnosis, but the makeup artist had a hard time covering up the scars throughout the shoot. She explained that she took a look in the mirror and thought, "I’m done being insecure about my scars." From there, she took the idea to show them off to the SKIMS team — and the rest is history.

SKIMS

And while she was scared to be so vulnerable on camera, this was ultimately a really empowering move for Munn. She elaborated that there are "so many women that have these same scars" who feel just as insecure as she did about them — and she really hopes those women see this ad. "Skims is so iconic and associated with beauty and sex appeal, and cancer really doesn't have that same connotation," she said. "So I just really hope that other women who have gone through my same path feel a little better after seeing it."

SKIMS

The star also took to Instagram to give a behind-the-scenes explanation of her experience. She reiterated that she was "done being insecure" about her scars. "Every mark life has left behind on my body is proof of how hard I fought," she wrote. "I hope other women who have been self-conscious about their scars see these photos and feel all the love I’m sending."

She also shared that SKIMS will donate 10% of their bra sales (except bralettes) to Susan G. Komen® — a charity dedicated to finding a cure for breast cancer — from October 23-31 in stores and online. "It’s really meaningful to be part of an initiative that supports research and helps countless individuals impacted by breast cancer," she said.

SKIMS

All of this comes on the heels of Munn's announcement earlier this year that she was diagnosed with breast cancer. She revealed the diagnosis came after recently tested negatively for well-known breast cancer genes and had normal results from her annual mammogram — but her doctor to check her Breast Cancer Risk Assessment Score. The test showed Munn had a 37% risk of breast cancer, so she pushed for more answers that eventually lead to her diagnosis.

Since then, Munn shared with PEOPLE that she had 4 surgeries in 10 months and underwent medically-induced menopause — all the while juggling being a new mom with husband John Mulaney. She shared, "I'm lucky. We caught it with enough time that I had options. I want the same for any woman who might have to face this one day."

SKIMS

After that March announcement, it's clear Munn is dedicated to raising awareness for women's health — and particularly their options. While chatting about the SKIMS campaign, Munn told TODAY, "You've got to go your doctor and you inundate them with information and you don't stop until they give you the test you need."

If you want to test your own risk for breast cancer, the National Institute of Health has resources here.

Looking for more celebrity news? Be sure to follow us on Facebook so you never miss a thing!

In our Take 5 series, sponsored by Verizon, we ask women in business about unexpected challenges, their inspirations, recent wins, and how the free Verizon Small Business Digital Ready Program has helped propel their business forward. Here, we meet Rita Suzanne, a marketing strategist for health and wellness businesses who learned to network, connect with other entrepreneurs, and build her business online and IRL.

What's an unexpected business challenge that you've had to face and how did you overcome it?

The hardest thing for me was my sister passed away and I ended up taking custody of my nieces. I ended up being a single mom of four kids. This is the thing that transitioned my whole entire life. I stopped doing web design and started my podcast Mom Owned and Operated. I wanted to reconnect with other moms and figure out how they were able to run their businesses and raise a family and take care of themselves because I wasn't able to do all three at the same time. Through that journey, I realized that I really needed to connect with other people and how important it was for my business. It helped me to create that community that I was yearning for that I didn't realize that I needed.

What's a recent small win for your business?

For me, the win was just pivoting back to something that I actually wanted to do. Also, I’ve started to say no to things that I no longer want to do.

Who is a woman in business that you look up to and why?

I have always admired and looked up to Amy Porterfield [author of Two Weeks Notice]. I listened to her all the time when I was starting out. I think that she's amazing and I love her stuff. She just seems like a very genuine person.

Is there a resource that has made an impact on you as an entrepreneur?

I listen to a lot of audio books. One of my favorites that has been huge for me is You Are A Badass by Jen Sincero. I was told when I first started my business, by a friend who was a business coach, that I have a mindset problem. Ten years ago, I had no idea even what “mindset” was. Sincero’s book helped me to see what she meant by “mindset” and helped me adjust that mindset and fix some of the things that I didn't realize were broken.

How has the Verizon Small Business Digital Ready Program helped propel your business forward?

There are a lot of things that I have loved about it. There are local networking and training opportunities, and that has been great, and the online training is very valuable. It's a great resource. I find that marketing needs a three-tiered approach, meaning you need to network it locally, socially, and then also have a very comprehensive online approach to your marketing. One of the Verizon Small Business trainings that I took was all about taking advantage of your local resources. I found that to be extremely valuable because often people think they need to just focus on social media. I don't think that people focus enough on their local community.

Learn more about the free Verizon Small Business Digital Ready Program and Rita Suzanne.

Illustration by Daniela Jordan-Villaveces

The cast and crew of Severance are finally returned to the office after months of waiting for production to resume, and we finally have a first look from the new season! Apple TV+ just posted a teaser image from season 2 of cast member Adam Scott holding a bunch of blue balloons. We don't quite know the significance of this picture to the plot, but we do know we are pumped to see it!

Executive producer, Ben Stiller, spread the news about the Apple TV+ series’ return back in January 2024 with a quote tweet simply commenting, "back to work.”

Adam Scott also teased the Severance season 2 production in an Instagram post the same month, saying it’s “lovely being back at the office.” Severance season 2 is officially back on track. Here’s everything we know about the upcoming season!

Watch The Official 'Severance' Season 2 Trailer!

Adam Scott is back in the first teaser trailer for Severance season 2 — and spends the entire trailer running from his problems (relatable). It appears that despite the fact Mark's innie retreats at the end of season 1, it looks like he wakes back up in the elevator and has lots of surprises waiting for him in the office.

Is there a release date for Severance Season 2?

Apple TV+

Severance Season 2 Release Date

Yes, we finally have a release date for Severance season 2! The sophomore season will hit Apple TV+ on January 17, 2025.

What is Severance about?

Apple TV+

Severance Season 2 Plot

Severance is a fictitious psychological thriller TV series that’s focused on a biotech company named Lumon Industries. In the show, Lumon Industries has popularized a procedure called ‘severance’ that separates their employees’ work selves from their personal lives. Essentially, when Lumon employees are at work, they can’t recall anything outside of work, and vice-versa when they aren’t at the office.

The first season of Severance follows Lumon Industries employee, Mark (portrayed by Adam Scott). Throughout the first season’s nine episodes, Mark and his coworkers begin to learn more about the severance procedure, their double-lives, and Lumon Industries’ true objectives – and it all begins to unravel in a mysterious way.

Who stars in Severance?

Apple TV+

Severance Season 2 Cast

Adam Scott, Patricia Arquette, John Turturro, Christopher Walken, Zach Cherry, Britt Lower, Tramell Tillman, Jen Tullock, Dichen Lachman, and Michael Chernus are all part of the main cast in Severance.

Deadline confirmed in 2022 that Gwendoline Christie, Bob Balaban, Merritt Wever, Alia Shawkat, Robby Benson, Stefano Carannante, Ólafur Darri Ólafsson, and John Noble are part of the Severance season 2 cast.

Where can I watch Severance?

Apple TV+

You can stream season 1 of Severance on Apple TV+. If you don’t already have a subscription to Apple TV+, you can try the platform 7 days free before subscribing for $9.99/month.

Why is Severance season 2 taking so long?

Apple TV+

Severance season 2 is taking so long because production was halted in the wake of last year’s writers strike.

The cast and crew began filming season 2 on October 3, 2022, with production shutting down on May 8, 2023. Since SAG-AFTRA has struck a deal with AMPTP studios, it’s “back to work” on the Severance set per executive producer, Ben Stiller.

Is Severance creepy?

Apple TV+

Severance follows the horrors that come with working in an office, so yes, it’s creepy. Just kidding (sort of)!

The surreal tone of Severance definitely makes it creepy. There’s an ongoing feeling that someone – or something – is constantly keeping watch and wants to gain control. This tone, paired with the series’ clean, manicured (yet cold) visuals, chalks it up to be fairly disturbing.

The characters in the show become increasingly aware of this cryptic, surveillant presence, and the building tension definitely adds to the show’s creepiness. It’s also pretty existential, which is the creepiest feeling of them all.

Was Severance canceled?

Apple TV+

Severance was not canceled. (Thank goodness!) The production was put on pause due last May to 2023’s writers strikes, but it’s up and running now. We are enthused about the show’s return!

Never miss a new show or movie announcement by signing up for our weekly newsletter! Keep checking back here for more info.

This post has been updated.

All it takes is a few episodes of Nobody Wants This to realize it's one of the best rom-coms of the year — and that Adam Brody is still super hot. The series, which also stars Kristen Bell, has gone viral for everything from its hilariously relatable approach to dating to "the best kiss of all time" to how eloquently it explains the fear that we're too much for a romantic partner. With an 8.1 out of 10 on IMDb, a 95 percent on Rotten Tomatoes, and literally millions of TikTok views, it's no surprise the show was just renewed for a second season. Here's everything we know about Nobody Wants This season 2.

What's going to happen in Nobody Wants This season 2?

Hopper Stone/Netflix

Creator Erin Foster just revealed Nobody Wants This season 2 is actually going to get rid of this tease from season 1: Morgan and Sasha's flirtationship. "I think we’re going to wrap up their weird 'Is it romantic?' thing. Because we want to see them together in season two, hanging out," she tells The Hollywood Reporter. "We want to see Esther. I think we went down that road enough that now we’re going to pull back and reposition so we can have them all in scenes together without [Morgan] being like, a full homewrecker. But we’re going to give Morgan something very fun. Justine [Lupe] came in and we pitched it to her and she was like, 'This is my dream storyline.'"

Is Morgan going to be swept off her feet? Or maybe she'll inherit a huge sum of money and become her own trophy wife. That would be SO Morgan.

Is there going to be a season 2 of Nobody Wants This?

Stefania Rosini/Netflix

Yes on October 10, Netflix announced that Nobody Wants This will be coming back for season 2. And (spoiler!!!) now that Joanne and Noah have decided to be together, and Noah's decided to give up his position as Head Rabbi, I have a feeling they'll have to deal with a lot of opinions. (Namely, Noah's mother).

"Creating Nobody Wants This will forever be a career highlight for me," creator Erin Foster says in a statement. "The incredible cast, crew, producers and executives all made this into the show it is today, and to experience viewers' reactions to this series now that it's out in the world has been more than anything I could have dreamed. I’m so lucky to be able to continue this story, and to do it alongside Jenni Konner and Bruce Eric Kaplan, who I've been such a fan of since Girls... Justice for healthy relationships being the most romantic!”

When is Nobody Wants This season 2 coming out?

Netflix

We know season 2 is coming out in 2025, but stay tuned for an official Nobody Wants This season 2 release date.

Who's in the cast of Nobody Wants This season 2?

Netflix

The Nobody Wants This cast includes Kristen Bell, Adam Brody, Justine Lupe, Timothy Simons, Stephanie Faracy, Tovah Feldshuh, Paul Ben-Victor, Michael Hitchcock, Jackie Tohn, Sherry Cola, Shiloh Bearman, and Emily Arlook.

Does Nobody Wants This End on a Cliffhanger?

Saeed Adyani/Netflix

Nobody Wants This might not end on the same kind of thrilling, dramatic cliffhanger as Outer Banks season 4 part 1, but it definitely leaves us with a ton of questions. How will Joanne and Noah's families react to the news? What does life look like as a couple? Will Joanne be able to flaunt their relationship in front of all the teenagers? No matter what comes, these two are very much in love, and I can't wait to see them continue to heal and grow together.

Adam Rose/Netflix

Check out 10 Reasons Nobody Wants This Is The Best TV Show Of The Year — and all the other October TV shows to watch this month!