If you are Amending your Tax Return(s) and need tax help call us today. Since 1982 we have successfully amended thousands of tax returns.
Let us take the fear and worry out of this process.Call for a no cost consult and speak directly to a tax professional. 1-866-700-1040.
Since we were Former IRS agents and managers we can make this a seemly and easy process.
You will never talk to the IRS and we can work out a tax settlement called an offer in compromise.
Tax Tips on how to fix errors made on a IRS Tax Return.
If you discover an error after you file your tax return, you can correct it by amending your return.
1. When you amend a tax return you should file an amended return if your filing status, number of dependents, total income, tax deductions or tax credits were reported incorrectly or omitted.
2. When you SHOULD NOT AMEND!
If the IRS corrects math errors or requests missing forms such as Forms W-2 or schedules or when processing an original return.
3. Form to use.
Use a tax form 1040X, Amended U.S. Individual Income Tax Return, to amend a previously filed Form 1040, 1040A, 1040EZ, 1040NR or 1040NR-EZ.
Make sure you check the box for the year of the return you are amending on the Form 1040X.
An amended tax return cannot be filed electronically.
4. Multiple amended returns.
If you are amending more than one year’s tax return, prepare a separate 1040X for each return and mail them in separate envelopes to the appropriate IRS processing center. check for the correct Service Center.
5. Form 1040X The Form 1040X has three columns.
a.Column A shows original figures from the original return.
b.Column B shown the changes you are making.
c. Column C shows the corrected figures. There is an area on the back of the form to explain the specific changes and the reasons for the changes.
6. Other forms or schedules.
If the changes involve other schedules or forms, attach them to the Form 1040X. Failure to do this will cause a delay in processing.
7. Additional refund.
If you are amending your return to get an additional refund, wait until you have received your original refund before filing Form 1040X.
You are allowed to cash that check while waiting for any additional refund.
8. Additional tax.
Should you owe additional IRS tax, you should file Form 1040X and pay the tax as soon as possible to limit interest and penalty charges. If not call us to get a payment plan. 1-866-700-1040. Free Consult.
9. When to file- BEWARE NOT TO LOSE A TAX REFUND
To claim a refund, you must file Form 1040X within three years from the date you filed your original tax return or within two years from the date you paid the tax, whichever is later.
10.Normal processing time for an amended tax return is 8 to 12 weeks.
Call us for any tax help you need in this amended tax process.
Amending Tax Returns, Tax Tips from Former IRS Agents and Managers, Expert Tax Help
