It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...

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 ...

Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...

After the hustle and bustle of tax season, you might find yourself reviewing your tax return and noticing a mistake. Whether it's an overlooked deduction or an incorrect income figure, these errors ...

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 ...

Taxpayers typically amend their returns to correct mistakes, claim missed deductions or report additional income. While the IRS does allow amendments, many worry that filing a Form 1040-X could ...

The Internal Revenue Service added a new option Thursday for taxpayers who electronically file an amended tax return, giving them the ability to select direct deposit to speed up their refund. Until ...

If you make a mistake on your tax return, you must file an amended return. However, this could affect how long it takes for the IRS to process your return and send you any refunds. Earning passive ...

The employee retention credit (ERC), as authorized under pandemic-era legislation to assist businesses with the costs of retaining employees, has been claimed by many employers for applicable quarters ...