Tips for Filing a 1040-X Amended Tax Return - TurboTax Tax Tip Video скачать в хорошем качестве

Tips for Filing a 1040-X Amended Tax Return - TurboTax Tax Tip Video

https://turbotax.intuit.com/tax-tips/... Was there a mistake made on your taxes that was discovered after filing? You may be able to amend these mistakes using a 1040-X form. Watch this video to find out more about filing a 1040-X form. 00:00 Tips for Filing a 1040-X Amended Tax Return 00:23 5 tips for filing a 1040-X 00:26 Tip 1 00:56 Tip 2 01:32 Tip 3 01:48 Tip 4 02:06 Tip 5 02:23 TurboTax Solution Click here to subscribe for more tax tips by TurboTax: https://www.youtube.com/turbotax?sub_... Learn more about filing 1040-X forms here: https://turbotax.intuit.com/tax-tips/... TurboTax Home: https://turbotax.intuit.com TurboTax Support: https://ttlc.intuit.com/ TurboTax Blog: https://blog.turbotax.intuit.com TurboTax Facebook:   / turbotax   TurboTax Instagram:   / turbotax   TurboTax Tik Tok:   / turbotax   TurboTax Pinterest:   / turbotax   ~~~ Video Transcript ~ Tips for filing a 1040-X Amended Tax Return: Filing Form 1040-X to amend a previously filed tax return? We’ll go over a few tips in this edition of Tax Tips by TurboTax. If you made an error on your tax return, missed a money-saving tax deduction, or forgot to claim a valuable tax credit, you can use Form 1040-X to amend your return. Here are five tips for filing Form 1040-X.  One.  File Form 1040-X before it’s too late. Generally, you must file an amended return within three years of filing your original return,  or within two years after paying the tax you owe, whichever date is later. If you filed your original return before the due date, which is typically April 15,  your return is treated as if it was filed on the tax deadline, and that date is used to determine if you’re within the timeline to submit an amended return. Two. You must fill in three columns to report changes. Preparing Form 1040-X is straightforward.  Column A lists your original tax return information.  Column B lists any increase or decrease. Column C is the sum of  A and B. For example,  if you forgot to include a $1,000 charity donation on Schedule A, you would input your original itemized deductions in column A. Then, you’ll report the increase of $1,000 in column B. And in column C, you’ll update the new total of your itemized deductions. Three. Attach any revised forms or schedules to Form 1040-X.  For instance, in the previous example, you would send both the 1040-X form plus the revised Schedule A showing the additional $1,000 charitable donation. Four.  You can e-file Form 1040-X to amend a return for the current or two prior tax periods.  For example, if the current tax year is 2024, generally you can e-file Form 1040-X for tax years 2024, 2023 or 2022.  However, if your original return was filed on paper, you also have to file Form 1040-X on paper. Five. You can track the status of your amended return using the “Where’s My Amended Refund?” tool at IRS.gov.  Processing times typically range from 8 to 12 weeks, but it can extend up to 16 weeks in some cases. If you need to file form 1040-X, we’re here to help! If you originally filed with TurboTax, you can easily e-file your amended return. Visit https://turbotax.intuit.com/ for more info to help you file your taxes with confidence! ~~~