When you prepare the 1040X, it’s not necessary to complete a brand new tax return. Form 1040X only requires that you update numbers that will change. If your changes affect more than one tax return, ...

If you’ve ever needed to amend your taxes, you know that the process takes place the old-fashioned way: by submitting your forms through the mail. But that will finally change later this summer when ...

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 ...

One key detail was left out of the answer about filing a 1040X form if you forgot to take the Telephone Tax Rebate: You need to make sure you're using the new Form 1040X, which was updated in February ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. The IRS announced that you can now amend your tax return by ...

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 ...

You likely already know you need some version of Tax Form 1040 to file your personal taxes, and you'll also be needing your W-2 from your employer to help you fill it ...

Tax Day has come and gone, but if you’ve made a mistake on your return, you might have a little extra work ahead of you. Thankfully, filing an amended return is a relatively simple process. Here are a ...

You are experiencing sweet satisfaction knowing that your taxes were filed on time. That is, until you realize that you took a deduction when you did not qualify for it, or forgot to claim an ...