What if you made a mistake on your tax return?
Uh Oh! You filed your tax return and you just realized you made a mistake. What do you do now? You need to file an amended return.
In most cases, the IRS corrects math errors and requests missing forms, such as W-2s. So in these cases, you don't need to amend your return.
You should file an amended return if you made a mistake reporting your filing status, total income, deductions, or credits. There's even a form to do this - the 1040X.
If for some reason you are amending more than one return, you'll need to use a separate 1040X for each one.
If you are filing that amended return to claim an additional refund, wait until you have the original refund before you file the 1040X. And yes, you can cash the first check while you wait for the second one.
If you are eligible for this year's one-time-only telephone excise tax refund and you forgot to claim it, you can file a 1040X.
For More Information:
Amending your tax return
In most cases, the IRS corrects math errors and requests missing forms, such as W-2s. So in these cases, you don't need to amend your return.
You should file an amended return if you made a mistake reporting your filing status, total income, deductions, or credits. There's even a form to do this - the 1040X.
If for some reason you are amending more than one return, you'll need to use a separate 1040X for each one.
If you are filing that amended return to claim an additional refund, wait until you have the original refund before you file the 1040X. And yes, you can cash the first check while you wait for the second one.
If you are eligible for this year's one-time-only telephone excise tax refund and you forgot to claim it, you can file a 1040X.
For More Information:
Amending your tax return
