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 ...

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

It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...

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 ...

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 ...

Filing an amended tax return can be a tedious and time-consuming process, but staying on top of the status of your return is crucial to avoid any potential issues. By monitoring your amended return, ...

Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...

Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...

Where is my tax refund? How long does it take to get the money from tax returns? The Internal Revenue Service says it began processing tax returns on Monday, Jan. 27, 2025. More than 140 million ...