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You Made a Mistake on Your Tax Return. Should You Amend It? | Latest News

You Made A Mistake On Your Tax Return. Now What?

Then you realize you messed up. Maybe it was a simple mistake: you made a typo or a math error or forgot to report some income. Maybe you receive a corrected 1099 in the mail after filing your return. Either way, the tax ... you should amend your return ... read more

What to Do If You Made a Mistake or Forgot a Deduction On Your Tax Return

If correcting the error will get you a refund, you have up to three years after the filing or due date or two years after paying taxes to amend -- whichever is later. If you owe taxes, you should ... return or at least provide a review to make sure your ... read more

Yes, you can – and should – amend tax return errors

I filed my 2016 tax return last month, and I just realized that I may have made a mistake ... when determining whether or not you should amend past tax returns. If you inadvertently omitted, or incorrectly listed your filing status, dependents, income ... read more

Make a Mistake? Amend Your Tax Return

... t worry if you made a mistake on your tax return or forgot to claim a tax credit or deduction. You can fix it by filing an amended return. Here are 10 tips that you should know about amending your federal tax return: When to amend. You should amend ... read more

6 Mistakes Young Workers Make That Destroy Their Retirement Dreams

For example, if you save just $50 per month you'll have $600 after one year. Assuming you put that $600 into stocks that return ... make any necessary changes if they are not performing as well as they should be, and work those investments into your ... read more

What to Do If You Realize You Made a Mistake After Filing Your Taxes

It's inevitable: You've filed your tax return and then you notice an errant form 1099 or a misplaced form W-2. What do you do? First, take a deep breath. Mistakes happen. And this one is a pretty easy fix. When you make a mistake on your tax return either ... read more

Don’t panic if you made a mistake on your taxes

Or you might have just learned that you failed to claim some righteous breaks on your 2013 return, which was filed last year. Don’t feel bad. With today’s ultra-complicated tax rules, anyone can make a mistake ... is that you should not attempt ... read more

You made a mistake on your tax return. Now what?

Maybe it was a simple mistake: you made ... should amend your return, even if you haven't received a notice. You may ask, "But how will the IRS find out? Maybe I should just wait and see." Bad idea. If the IRS does discover the error and you owe more tax ... read more

What to Do if You Made a Mistake on Your Tax Return

Tax Day ... ahead of you. Thankfully, filing an amended return is a relatively simple process. Here are a few things you should know about it. If you realize you've made a mistake on your federal return, you'll have to use Form 1040X to amend that return. read more
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