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