Get the free Form 1040X

This document provides instructions for completing Form 1040X, the Amended U.S. Individual Income Tax Return, including guidelines for correcting previous tax returns, filing deadlines, and specific

How to fill out form 1040x

How to fill out Form 1040X

1. Download Form 1040X from the IRS website.
2. Read the instructions carefully before filling out the form.
3. Provide your personal information at the top of the form, including your name, address, and Social Security number.
4. Indicate the tax year you are amending in the designated box.
5. Complete Part I to explain your reasons for amending.
6. Fill out Part II by entering the amounts from your original return and the corrected amounts.
7. Calculate the difference and complete the refund or tax owed section.
8. Sign and date the form before submitting it.
9. Mail the completed form to the address specified in the instructions.

Who needs Form 1040X?

1. Anyone who needs to amend their federal tax return.
2. Taxpayers who found errors in their income, deductions, or credits.
3. Individuals who need to change their filing status.
4. Those who received a notice from the IRS regarding discrepancies.

People Also Ask about

Can I file a 1040x myself?

You can file Form 1040-X, Amended U.S. Individual Income Tax Return electronically with tax filing software to amend your Form 1040, 1040-SR, 1040-NR, or 1040-SS/PR for the current or two prior tax periods. If amending a prior year return originally filed on paper, then the amended return must also be filed on paper.

Does IRS charge penalties on amended returns?

If you owe additional tax, file your amended return, and pay the tax by the April due date to avoid penalties and interest. Your return will replace your original return. If you file after the April due date, don't include any interest or penalties on your amended return.

What are the consequences of amending a tax return?

Is there a penalty for amending a return? No, not in most cases. But, if the reason you're amending your tax return is because you made a mistake that means you underpaid the IRS, you CAN owe the IRS money and could face other penalties and interest.

How long do you have to amend a tax return without penalty?

How long do you have to file an amended tax return? The IRS limits the amount of time you have to file an amended return to claim a refund to: within three years from the original filing deadline. within two years of paying the tax due for that year, if that date is later.

Can I download a 1040x form?

Download Form 1040-X from the IRS website.

What do I send with a 1040x amended return?

When mailing your federal amended return, you will need to send the following: 1040-X. Income documents such as W-2's and 1099 forms if they support the changes on the return. Any forms that have a calculation change from the original return. Payments if you do not wish to pay electronically.

Do you have to pay a fee to amend a tax return?

The fee for filing an amended tax return can vary significantly, but a general range is between $200 and $1,500. Here is a more detailed breakdown of these costs based on different factors.

Is there a penalty for filing an amended tax return?

There is no penalty for simply filing an amended return. But if your mistake caused you to underpay tax, you will owe that additional tax. If you amend your tax return before the April deadline and pay the remaining tax you owe, you won't have to pay a penalty.

For pdfFiller’s FAQs

What is Form 1040X?

Form 1040X is a United States tax form used to amend a previously filed federal income tax return. It allows taxpayers to correct errors or make changes to their original return.

Who is required to file Form 1040X?

Taxpayers who have made errors on their original Form 1040, Form 1040A, or Form 1040EZ, or who need to change their filing status, income, deductions, or credits are required to file Form 1040X.

How to fill out Form 1040X?

To fill out Form 1040X, you must provide your personal information, indicate the tax year you are amending, explain the changes you are making, and include the correct amounts. It's essential to refer to the original return for accurate entries.

What is the purpose of Form 1040X?

The purpose of Form 1040X is to allow taxpayers to correct mistakes made on their initial tax return, whether related to income, filing status, or deductions, ensuring that tax records are accurate.

What information must be reported on Form 1040X?

Form 1040X requires you to report your original figures, the changes you're making, and the corrected figures. Additionally, you must explain the reason for the amendment and provide any necessary documentation to support the changes.