The IRS released Tax Tip 2024-38, April 25, 2024, to explain to taxpayers how to amend a tax return. If a taxpayer discovers an error after filing their return, the ...

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 ...

Tax season is officially underway. Here's what you need to know about filing your taxes and when you can expect to get your ...

You filed your tax return months ago, but then you happen to glance at a copy and notice a mistake. What should you do? “There’s no reason to panic,” said Ebony J. Howard, a certified public ...

If you're unable to file your 2024 federal income tax return by the standard deadline of April 15, 2025, you risk facing penalties and interest on any unpaid taxes. The traditional penalty for an ...

What you need to know: If you need to amend your Individual Income Tax Return, file a new return with the corrected information and include a completed Schedule AMD. Check to see if your software ...