Amend Your Tax Return to Correct a Filing Mistake
Advice on how to fix an error on your tax return.
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
I realize I made a mistake on my 2015 taxes. Is it too late to fix it?
9 Financial Fumbles You Can Fix
- Rules for Paying Off Back Taxes
- Resolve a Complaint About an eBay Purchase
- Undo Your Social Security Claiming Decision
- Resolve a Dispute With a Home Contractor
- Amend Your Tax Return to Correct a Filing Mistake
- Repair Your Credit Score
- What to Do If You're Delinquent on Student Loans
- Change an Airline Ticket
- Get Out of a Time-Share Deal
You generally have up to three years from the due date of the original return to file an amended return. Use IRS Form 1040X to note the changes you're making, and include revised copies of any supplemental forms that are affected (such as Schedule A for changes to itemized deductions).
You cannot e-file an amended return. Amended returns take up to 16 weeks to process, so if you owe additional taxes, pay as soon as possible to avoid interest and penalty charges. If the change you've made lowers your tax bill, the IRS will send you a refund.
Article continues belowFrom just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
SEE ALSO:
6 Tax Filing Mistakes That Can Cost You Money
p>
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
