Errata Update 1

As tax regulations change, we will post updates to the book on this page. Stay tuned…
Corrections courtesy of
Ivan Meyers, VITA Tax Preparer/Compass Budget Coach

  • Page 53 – Tip #52: “generate” – should probably be past tense “generated”
  • Page 107 – Tip #115: Business mileage is 54 cents – not 56 cent – it is correct elsewhere
  • Page 113 – Tip #134: HSAs – the 5498-SA is for contributions – not distributions. Distributions are reported to the taxpayer on the Form 1099-SA
  • Page 222 – Tip # 255: Line 3 – “They” – should be “the”