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 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 ...

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 ...

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 ...

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 ...

Business owners who discover errors or other information that affects past tax returns can file amended returns. How far back they can do so, and how they go about amending their returns, depends on ...

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 ...

Made a mistake on your taxes? Here's what you need to know about correcting it. Some people file their taxes and call it a day. But if you realize you made an error ...

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 ...

After weeks of waiting, tax professionals and taxpayers finally got the word from the Internal Revenue Service (IRS): amended returns can now be electronically filed. In May, the IRS had given notice ...

Taxpayers may need to correct errors on past returns. The IRS offers the amended tax return process to ensure accurate federal tax records for individuals or entities. Even for the most meticulous ...