Taxpayers are now able to file amended returns electronically in more of the Form 1040 series, the IRS announced Thursday in a news release. In addition, the IRS announced it has added a checkbox to ...

Hey, everyone makes mistakes. Especially on math. But when it comes to federal tax returns, the IRS can cut you some slack. You have the option to file an amended tax return, but like anything ...

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 ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

On November 16, 2022, the IRS released a long-awaited update to the procedure for large corporate taxpayers and large partnerships under continuous audit to obtain Qualified Amended Return (QAR) ...

The IRS reversed course last week, advising early tax filers who included the Middle Class Tax Refund as taxable income to recoup the money by amending their 2022 federal tax returns. The Internal ...

Maybe you received a corrected 1099. Maybe you received some other tax documentation after you originally filed that you forgot was coming. Maybe you forgot to claim some charitable contributions.

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 ...