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What is an Amended Return? | Latest News

Need to File an Amended Tax Return? Here’s Some Advice

It’s time to answer a few reader queries likely to be of interest to many other taxpayers—and to remind procrastinators about two deadlines, including one on Friday. A friend told me recently that he forgot to claim what might be valuable deductions ... read more

Don’t be afraid to file an amended income tax return

Q: I have a tax problem that I hope you can help me with. Since my divorce three years ago, I have had a friend do my tax returns. My taxes are relatively straightforward, as all I have is income from my employer and some interest. I have no deductions. read more

When You Should File an Amended Tax Return

Not every interaction with the IRS must necessarily induce flop sweat. Case in point: A few years ago a friend of mine decided his income taxes had become sufficiently complicated to merit hiring an accountant. After examining a few previous tax returns ... read more

How to File an Amended Return to Claim an Education Tax Break

AYes. You generally have until three years after the deadline for filing your original federal tax return to file an amended return if you missed a tax break or need to make other changes. You’ll need to submit a separate Form 1040X for each year you ... read more

Ask the Biz Brain: How to get a tax refund after an amended return

Q. Last year I had a tax audit for 2009. The reason given was that I amended my return, which automatically put me in audit mode. When all was done I received a notice that I owed no additional money, and I had in fact overpaid by several hundred dollars. read more

PERSONAL FINANCE; WHEN TO AMEND AN OLD TAX RETURN

Most taxpayers breathe a sigh of relief on April 15, when the unpleasant task of preparing the annual tax return is completed. But last year, two million people - voluntarily - filed amended returns as well, long after tax time was behind them. In most ... read more

Harper: Reasons why you might file an amended tax return

You may think of amended tax returns as a way to correct an error on your tax return, but there are other situations where amending your tax return can be to your advantage. How to file an amended return: If you are amending a form 1040, file form 1040X to ... read more

How to File an Amended Tax Return

It's not unheard of to make a mistake on your taxes. Perhaps you forgot about that bit of dividend income you received earlier in the year. Or maybe you failed to claim a tax credit that could've resulted in a refund. Thankfully, making an amendment to a ... read more

Made a Mistake? How to File an Amended Tax Return

Anyone can make a mistake on their tax return, but the sooner you remedy it, the less costly – in terms of interest and penalties – it will be. You’ll need to decide whether you need to file an amended return, and, if yes, when to do it and how. read more

How to file an amended tax return

Baltimoresun.com's tax-advice column features three experts from the Hunt Valley accounting firm SC&H Group answering questions about preparing your return every Monday until April 17. To be included in the following weeks, please use the form at the right ... read more
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