When you prepare the 1040X, it’s not necessary to complete a brand new tax return. Form 1040X only requires that you update numbers that will change. If your changes affect more than one tax return, ...

Taxes can be complicated, and it’s not uncommon to make a mistake on a tax return. The Internal Revenue Service recognizes this and allows taxpayers to amend their returns to correct errors they ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

You are experiencing sweet satisfaction knowing that your taxes were filed on time. That is, until you realize that you took a deduction when you did not qualify for it, or forgot to claim an ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The IRS announced that you can now amend your tax return by ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. This article is more than 5 years old. The IRS has announced that ...

Hi, I am really confused and need help. I was a F-1 OPT in 2006 (in California for six months) and did tax return in Feb, 2007. I was a contractor and got a 1099-MISC for $8000 income. I already filed ...

There's a way to fix problems that's simpler than many people think. With just days left before the April 15 tax deadline, most people have either already filed their 2018 tax returns or have asked ...

If you’ve ever needed to amend your taxes, you know that the process takes place the old-fashioned way: by submitting your forms through the mail. But that will finally change later this summer when ...