Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...
The Internal Revenue Service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software, in what the agency called a “major ...
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 ...
It’s not uncommon to make a mistake on your federal tax return or leave out important information such as a tax deduction or credit that you’re entitled to—but the IRS has a process that gives you a ...
As we approach the end of tax season, most taxpayers have either filed their 2017 tax returns or are in the homestretch of getting all their tax information ready for the final push toward the April ...
The Internal Revenue Service (IRS) has announced a game-changer: later this summer, taxpayers will be able to file Form 1040-X, Amended U.S Individual Income Tax Return, electronically. Before this ...
The tax filing deadline isn't necessarily the final act for a tax year. In certain situations, events or other circumstances make it important to review the tax positions taken on a return and make ...
The IRS announced Thursday that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, “later this summer” (IR-2020-107). According to the IRS, making ...
Electronically filing your tax forms is both faster and easier than submitting a paper return via mail. But up until now, one particular group of people hasn't had that option: Those who need to file ...
Deal with everything from simple errors to big changes with this key IRS form. As we approach the end of tax season, most taxpayers have either filed their 2017 tax returns or are in the homestretch ...