Made a mistake on your taxes? Here's what you need to know about correcting it. Some people file their taxes and call it a day. But if you realize you made an error ...

Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. Sometimes taxpayers find themselves facing a tough dilemma: ...

If you had to submit an amended tax return this year, you may be wondering how come you haven’t received your tax refund yet. Due to IRS staffing shortages and an influx of amended returns, the IRS ...

Make a mistake on your tax return? That's OK -- file an amended return. What is an amended tax return? It's your do-over, your mulligan, your second chance. The IRS recognizes that we sometimes make ...

While an amended return alone is not a guaranteed audit trigger, certain red flags in your tax filings-whether original or amended-can increase your chances of being selected for review. The IRS uses ...

I smell a refund! Maybe it’s yours. While most of the country was celebrating year-end holidays in December, a tax and spending package was signed into law offering a gift to those individuals who ...

What is an amended tax return? It's your do-over, your mulligan, your second chance. The IRS recognizes that we sometimes make mistakes on our tax returns, or that our circumstances can change, so ...

Taxpayers who previously filed Form 1040-X with the IRS had to wait for a paper check for any refund, which added time to the amended return process. Anyone who electronically files Form 1040-X can ...

If you’ve found errors on the tax returns you just filed earlier this year, or in previous years, you likely are joining a very large club. Each year, millions of people file an amended return to ...

It’s not too late to get back an extra refund from your income taxes for 2017, 2018 or 2019. You generally have up to three years after the tax-filing deadline to file an amended return and take ...