Phone Refund Still Available Mar 2, 2008
Instead, file what's known as an amended return for 2006 ... You also can use that amended return form to fix other errors or omissions on your return for 2006. (Wall Street Journal)
Senior Information Mar 1, 2008
Also, taxpayers with Social Security, Railroad Retirement or veterans' benefits who have already filed, but did not report their qualifying benefits on either Line 14a of Form 1040A or Line 20a of Form 1040, need to file an amended return in some situations to receive a stimulus payment. Taxpayers who already have filed but did not report their benefits can file an amended return by using Form 1040X, which can only be filed with a paper form. (West Frankfort Daily American, IL)
More of this story Feb 27, 2008
Taxpayers who already have filed but failed to report these benefits can file an amended return by using Form 1040X. The IRS is working with the Social Security Administration and Department of Veterans Affairs to ensure that recipients are aware of this issue. Some people receiving Social Security and veterans benefits may not realize they will need to file a tax return to get the stimulus payment, Stiff said. (Bartlesville Examiner-Enterprise, OK)
State auditor: To get rebate, file your taxes Feb 24, 2008
Those who have already filed their 2007 tax returns but did not report enough income to qualify for the rebate may file an amended return using IRS form 1040X to include any additional income. Low-income workers and elderly taxpayers who need help filing their returns may take advantage of free tax preparation through IRS certified volunteer preparation sites. (Rapid City Journal, SD)
Tax rebate information Feb 22, 2008
If denied the rebate, you are able to file an amended return. Help is available. (The Citizen's Voice, PA)
Want a rebate? File your taxes on time Feb 17, 2008
If your return was filed without showing entries on these boxes, you will need to amend it and show it on the amended return. If this is the only reason for filing for you or an elderly relative, I suggest you wait until a special online form is developed by the IRS, which they will post on their website at www. (North County Times)
Everyone must file tax return to get rebate, IRS says Feb 16, 2008
Those who have already filed but did not report their qualifying benefits may have to file an amended return in some situations to receive a larger stimulus payment, the IRS said. The stimulus payments will not affect eligibility for federal benefits. (San Diego Union-Tribune)
You Can't Afford To Ignore 5 Tax Tips Feb 15, 2008
The IRS allows you to reclaim your lost cash by filing amended returns. The catch: you can file an amended return only for up to the past three years. (KSBW 8, CA)
President Signs Stimulus Package, IRS to Start Payments in May Feb 14, 2008
Taxpayers who already have filed but failed to report these benefits can file an amended return by using Form 1040X.. The IRS is working with the Social Security Administration and Department of Veterans Affairs to ensure that recipients are aware of this issue. (WSJA.com, AL)
Tax form mistakes corrected Feb 5, 2008
Anyone who has filed a tax return based on the incorrect Social Security figures can file an amended return based on the corrected SSA-1099 forms. Social Security beneficiaries with questions about their tax forms can call 800-772-1213 or contact the administration s local offices in Wilkes-Barre at the Stegmaier Building, Suite 102, 7 N. Wilkes-Barre Blvd., 826-6372, or in Scranton, the Oppenheim Building, First Floor, 409 Lackawanna Ave., 342-8062. (Scranton Times, PA)
Tax Office opens soon, new laws in effect Jan 29, 2008
Disabled veterans who paid tax on these benefits in tax years 2004, 2005 or 2006 can claim a refund by filing an amended return using IRS Form 1040X. More than 19,000 veterans received CWT in Fiscal Year 2007, according to the VA.. The IRS agreed with a U.S. Tax Court decision issued last year which held that CWT payments are tax-free veterans' benefits. (Leesville Daily Leader, LA)
Flawed tax forms mailed to some Medicare users Jan 18, 2008
Anyone who has already filed a return using incorrect 1099 information may need to file an amended return later. BUSINESS UPDATE. (AZCentral -- Business)
Refund delays Jan 8, 2008
File an amended return ... Once you've received your refund, file an amended return claiming the credits and get the rest of your money ... That's because you'll have to wait until your first return is processed to file your amended return. (USA Today -- Money)
Alternative minimum tax could delay some tax refunds this year Jan 4, 2008
These people can always file a tax return and do an amended return later, Cluck said. Software will help prevent the filing of electronic or paper returns with these forms on them until Feb. 11, Cluck said. (Skieston Standard Democrat, MO)
More than 3 million early filers will see refund delayed Dec 29, 2007
"Taxpayers can also file their return earlier by not claiming the credits being blocked until Feb. 11, and then filing an amended return later to claim the additional credits.". The Associated Press reported on Dec. 1 that the IRS Oversight Board was warning that taxpayers could expect refund delays because Congress hadn't acted on an AMT fix. (Atlanta Journal-Constitution -- World)
IRS: Tax refunds may be delayed Dec 28, 2007
Taxpayers can also file their return earlier by not claiming the credits being blocked until Feb. 11, and then filing an amended return later to claim the additional credits. . (MSNBC -- Race)
Take these tax-planning steps now Dec 7, 2007
"You can always file an amended return.". In the meantime, don't let the volatility of the stock market disrupt your end-of-the-year tax planning, he advises. (Pittsburgh Post-Gazette, PA)
Stalled tax bill threatens timely refunds Dec 3, 2007
People who file returns under the current AMT law would have to file an amended return if the law were changed. Spires also stressed that there would not be any advantage to filing by paper if the IRS is not accepting electronic returns. (Durant Daily Democrat, OK)
Inaction on tax legislation may stall IRS refunds Dec 2, 2007
People who file returns under the current AMT law would have to file an amended return if the law were changed ... People who file returns under the current AMT law would have to file an amended return if the law were changed. (The Pantagraph newspaper)
SoCal Wildfire Victims Get Tax Relief Oct 31, 2007
Affected taxpayers in a presidentially declared disaster area also have the option of claiming disaster-related casualty losses on their federal income tax return for either this year (filed next year) or last year, by filing an amended return ... California's , charged with administering state personal income tax and other levies, also offers the option of filing an amended return for casualty losses or including the loss in this year's tax return. (RealtyTimes)
PBC tourism bureau to get $710,000 Oct 26, 2007
IRS officials must process an amended return the bureau filed, which should reduce the amount. Then there is a legal bill of about $100,000 from the law firm Jones Foster Johnston & Stubbs, which has received no money since being hired this year. (The Palm Beach Post)
Former strip club owners sentencing set for Tuesday Oct 8, 2007
21 he reported in 1999 on his amended return and the $400,423 he reported in 2000. He faces a maximum of three years in prison and a $100,000 fine on each count. (The Clarion-Ledger)
Some small business owners deal with tax headaches as extended filing deadline approaches Oct 4, 2007
If you don't have all your information together, you can always file an amended return later ... Many taxpayers fear that an amended return can raise their chances of being audited. (San Diego Union-Tribune -- Business)
Business may be missing tax breaks Sep 30, 2007
People who did not take advantage of these incentives can file an amended return. Taxpayers have three years from the filing date to amend a return. (The Clarion-Ledger)
Get jump on reducing taxes Sep 3, 2007
If you overlooked the refund, you can still claim it by filing an amended return. Use Form 1040X and claim your credit on Line 15. (AZCentral -- Business)
Dreaded IRS letters may require just a simple taxpayer response May 31, 2007
On the other hand, "if you think you're right, then you and a tax professional, should try to fight it,'' she said. Some taxpayers may discover that they've made a mistake even before the IRS does. In this case, LeValley recommends that they file a Form 1040X, Amended U.S. Individual Income Tax Return. "Don't ever hesitate to beat them to the punch and file that amended return. especially if the mistake is in your favor,'' she said. (Sun-Sentinel.com)
Did you get a 'Dear Taxpayer' letter? Don't panic May 31, 2007
"Don't ever hesitate to beat them to the punch and file that amended return ... especially if the mistake is in your favor," she said. LeValley added: "Anyway, if you get it to them first, the IRS will likely give you the benefit of the doubt because you're being forthright.". (MSNBC -- Business)
Your Money: Sandra Block Apr 24, 2007
File an amended return - USATODAY.com ... If you overlooked the refund, you can file an amended return to claim the standard amount or the actual excise taxes you paid ... Compute the amount on Form 8913, and attach it to Form 1040X, which is used to file an amended return. (USA Today -- Money)
Filers can still claim phone tax refund Apr 23, 2007
Taxpayers have until the filing deadline in 2010 to submit an amended return (Form 1040X), the same time frame allotted for individuals with no tax-filing obligation. Sponsored Links. (Atlanta Journal-Constitution)
IRS: The Morning After Apr 19, 2007
In a typical year, the IRS receives 3 million 1040X amended returns ... Is it really worth filing an amended return for so few bucks. (Forbes)
Odd issues crop up when figuring ‘Kiddie Tax' Apr 15, 2007
Then, once you have your child's number, you can file an amended return. The other option is to request a filing extension, using Form 4868. (Coos Bay-North Bend The World, OR)
Today's tax tips Apr 12, 2007
Taxpayers can file an amended return. There really is no deadline to file it, either. (Pensacola News Journal)
Are Load Funds Worth It? Apr 12, 2007
You have a three-year window (from your standard filing date) to file the amended return, which you can do by filling out IRS form 1040X. And be warned: The IRS may take a close look at your new return. Get letters from your doctors saying that the plastic surgery was medically necessary before you refile. (SmartMoney)
How to avoid getting audited Apr 10, 2007
John Kerry, the Massachusetts Democrat who ran for president that year, filed an amended return for 2003, signed by him and a representative of a Boston-based firm, to fix an error on his original return. On the original return, the tax on the sale of the senator's one-half interest in an Adam Willaerts painting had been calculated at the wrong rate. (AZCentral -- Business)
Tax Adviser -- April 17 good news for procrastinators Mar 31, 2007
For most, April 17 is also the deadline to file a 2003 amended return and still expect to receive any resulting refund. All taxpayers should pull out and review their 2003 federal and state returns for possible errors. (Leavenworth Lamp, KS)
Don't Forget The Phone Tax Refund! Mar 28, 2007
If you already filed your return but failed to request the telephone-tax refund, you can file an amended return using Form 1040X. This form, available on IRS.gov, cannot be e-filed; it must be filed on paper. To avoid delaying a refund request, mail your completed Form 1040X at least three weeks after you filed your original return (if it was e-filed) or at least eight weeks later (if filed on paper). (WTVR.com, VA)
Direct deposit of tax refund into IRA might cause problems Mar 24, 2007
Any deduction claimed for 2006 would then be disallowed and you would have to file an amended return. You would also have to pay more in taxes because of the lost IRA deduction. (Boston Globe -- Business)
$1.5M in phone tax refunds unclaimed Mar 22, 2007
Filing duplicate requests, on both a regular tax return and Form 1040EZ-T. Individual taxpayers who already filed regular tax returns should wait for it to be processed, then file a 1040X amended return. Requesting a refund based on the entire amount of the phone bill instead of the 3 percent tax on long-distance and bundled service. (Honolulu Star-Bulletin)
Calculating taxes on stock transactions Mar 19, 2007
If so -- given that I did not take the deduction on my already-filed return -- is filing an amended return the appropriate way to take the deduction. Thanks. (SunSpot.net)
Tax Tactics: Nine simple tips for a happier return Mar 15, 2007
Advice for procrastinatorsFor all of you last-minute filers, make sure you double check your work so don't have to file an amended return. And if you're due a refund, make sure you get the money in a timely fashion. (MSNBC -- Business)
Ask an expert Mar 11, 2007
If so, and I didn't include it in last year's return, can I do an amended return to include these provisions ... If you itemized your return last year and did not include the sales tax deduction, you may do an amended return to get a refund -- provided taxes were due on your 2005 income. (Orlando Sentinel -- Business)
Taxable income for contractors Mar 5, 2007
In this case, an amended return is appropriate and may provide a refund. Reporting the capital loss transaction may prevent an IRS inquiry as the related sale may have already been reported to the IRS by a broker via a Form 1099. (SunSpot.net)
Prattans save $1 million in 2005 by claiming EITC Feb 28, 2007
A taxpayer who has already filed their 1040 form can file an amended return, and if eligible for the tax credit, may also want to look at prior years and can file amended returns for those years also. Most professional tax preparers will realize if their client falls under the income threshold and will automatically file for the EITC, Devine speculated. (Pratt Tribune, KS)
Floridians have missed out on millions in telephone tax refund money, IRS says Feb 24, 2007
Use Form 1040X to file an amended return and claim the refund. Harriet Johnson Brackey can be reached at hjbrackey@sun-sentinel. (Sun-Sentinel.com)
Millions overlook tax refund Feb 24, 2007
If you overlooked your refund, you can still claim it by filing an amended return. But the IRS says you shouldn't file an amended return until you've received your tax refund or untl the filing deadline passes, whichever is earlier ... Once your amended return is filed, you'll have to wait at least three months for your refund, IRS spokesman Eric Smith said. (USA Today -- Money)
Tax breaks abound, but parents may lose Feb 18, 2007
If you didn't take advantage of that tax relief, it's possible to file an amended return for 2005. State taxes: Federal lawmakers reinstated a deduction for state and local sales taxes, which benefits taxpayers in Florida, which has no income tax. (The Miami Herald)
Retirement Savings Made Easy Feb 10, 2007
Unless you correct this by April 16th of this year (April 15th falls on a Sunday, so we get an extra day to file our taxes), you will have to file an amended return. On a related note, don t expect the IRS to perform miracles. (Fox News)
