When should you amend your tax return and when is it required that you do so? You need to file one with the IRS each year if your income is over the requisite level, which depends on your age and ...

If you had to submit an amended tax return this year, you may be wondering how come you haven’t received your tax refund yet. Due to IRS staffing shortages and an influx of amended returns, the IRS ...

Every year I must amend several clients’ returns that were previously filed for various reasons. This year as the Oct. 16 extension deadline for individual tax filing approaches, I am faced with a new ...

The 1040X isn’t hard. There are three columns: column A is the original figure from the first return, column B is the change ...

If you’ve found errors on the tax returns you just filed earlier this year, or in previous years, you likely are joining a very large club. Each year, millions of people file an amended return to ...

The IRS released Tax Tip 2024-38, April 25, 2024, to explain to taxpayers how to amend a tax return. If a taxpayer discovers an error after filing their return, the ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

Many farmers file an income tax return by March 1. It allows them to file and pay all tax by this due date without having to make an estimated tax payment on January 15. This provision is becoming ...

Claiming large refunds, and doing so by amending returns, increases the chance your filings will be scrutinized.

With Tax Day (when federal income taxes are due for most people) just around the corner, the IRS is saying that some so-called “early filers,” who received a special state payment last year, may want ...

Get your hands on IRS Form 1040-X and follow these steps to amend your tax return. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ...