happen and sometimes it’s difficult to know what to do, especially under the
pressure of an ominous IRS letter.
Remember to breathe first—it’s just paperwork!! How do you fix the issue
with the Internal Revenue Service?
could be something simple, like a miscalculation, typo, or missing form. The IRS will correct the math issues and send
requests for the missing forms. In that
case, there’s no need to worry about amending a return.
How do I file an amended return?
mistake is a change in your income, filing status, deduction or credit, you
will need to file a Form 1040X (Amended U.S. Individual Income Tax Return) on
How much time do I have?
three years since the date of filing or two years from the date of paying
(whichever is later).
What if I am supposed to receive more
of a refund?
amended return results in more refund money, go ahead and cash your original
What if I end up owing more?;
if your amended return results in tax liability, you’ll want to lower fees and
interest by paying those taxes as soon as you can. If you need to, you can amend more than one
are uncertain about needing to amend a tax return, don’t hesitate to contact
your local Liberty Tax office. To find one, call 866-871-1040 or use the Office Locator here.