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Amended Return
(redirected from Amended Returns)

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Amended Return
A tax return in the United States correcting one or more errors on a return from a previous year. One files an amended return if events have shown that a taxpayer likely has a greater or lesser tax liability than previously thought. The IRS uses File 1040X to file amended returns.

Amended Return
A tax return filed on Form 1040X after the original return has been filed. An amended return is used to correct errors or to claim more advantageous ways of filing the original return. An amended return can also be used to carry back certain unused credits or a net operating loss.


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You must submit amended returns within three years of the due date or filing date of the original return, or within two years of the date when the taxes were paid, whichever is later.
The 800- page guide uses a coded format to alert you to tips, reminders, cautions, law alerts, and IRS alerts, and it will take you from the basics of filing in Chapter 1 to amended returns in Chapter 47.
Staff estimates the total tax adjustments on Mayor Kirk's amended returns for 2005, 2006 and 2007 will be approximately 9,975 dollars," the panel said in a report on the nomination.
 
 
 
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