Where’s My Amended Tax Return

After filing your federal tax return, you realize you made an error. What should you do? You can correct the inaccuracies by filing an amended tax return. Three weeks after you mail it, you can use IRS’ “Where Is My Amended Tax Return?” tool to check the status of your amended tax return.

You’ll need to download the forms from the IRS website to prepare an amended return. You’ll also need to attach the schedules related to your changes. In addition, you’ll need to indicate the tax year in the space provided.

Once you have filed an amended return, you’ll need to wait at least 12 weeks before you can check the status of your amended tax return status. You’ll want to do this to minimize penalties. It can take the IRS up to sixteen weeks to process an amended return.

Who Must File Amended Tax Return?

Those who owe taxes or claim credits, such as a child’s health insurance, may need to file an amended tax return. These changes to a tax return can change your tax liability and income.

Amended tax returns should only be filed for errors or changes that affect your tax liability. Simple math errors, for example, do not require an amendment. However, you should consult a tax controversy attorney if you have any material errors on your original tax return.

How to File an Amended Tax Return?

You may need to file a 1040-X Form – Individual Amended Tax Return for many different reasons. Depending on the situation, it can help you get a larger refund, reduce your taxes, or make sure you are paying your taxes. If you are wondering whether you need to amend your return, you can use the IRS’s interactive tax assistant. This tool will help you decide if your filing status has changed and if you need to file an amended tax return.

You should wait at least three weeks after mailing your amended tax return to check on its status. Once it is received, you can cash your refund. However, you should not call the IRS during this period. The agency will likely adjust your original return to ensure that you are not assessed any additional taxes.

You will also need to attach a form called D-400 Schedule S to your amended tax return. This is a form that will allow you to report previously unreported income. You can transfer your numbers from your original return to the form.

Printing out a separate copy of the form for each tax year you are amending is necessary. You will also need to fill out and mail the forms in separate envelopes. You must indicate which tax year you am amending in the space provided.

The mail should include applicable schedules when filing an amended tax return. These will help the IRS determine how to make any changes. The schedules will also be important if you have made any changes to your income or deductions.

Before you take your amended return, you should immediately pay any outstanding taxes you owe. You will be charged interest on the unpaid amount if you don’t. This is important because it minimizes the penalties you will have to pay.