How many years do you have to amend a tax return?

already exists.

Would you like to merge this question into it?

already exists as an alternate of this question.

Would you like to make it the primary and merge this question into it?

exists and is an alternate of .

There is no deadline. However after a certain point you won't be eligible for a refund or to make certain elections. And after a certain point, the IRS may not be able to collect on a non-fraudulent error you made, but you are welcome to pay anyway just in case you are being considered for a cabinet position.

If you did something fraudulent and want to come clean, it is best to get the 1040X filed before the IRS starts investigating.

If you forgot to claim a deduction, you have until three years after the original due date of the return (assuming you filed on time and didn't make any payments after the due date). You have seven years to claim a worthless security or a bad debt.

If you want to recharacterize an IRA contribution or take a corrective distribution, you have until the extended due date of your return (assuming you filed on time or filed an extension on time).

If you want to switch from a joint return to a separate return, the deadline is the original due date of your return.

There are a lot of different deadlines for a lot of different problems. You are always free to file, but it may or may not do you any good.
2 people found this useful

You filed amended tax returns and IRS refuses to pay you?

Answer . Note that there is a statute of limitations for claiming a refund or credit. The statute is typically the LATER of 3 years from the date the return was originally

Do you have to pay your taxes before you amend your return?

You're expected to pay any tax due by the filing deadline of April 15. (If April 15 falls on a weekend, the deadline is extended to the next business day.) Any tax not paid by

Where do you mail your amended tax returns?

Form 1040X is Amended U.S. Individual Tax Return. Where you mail your Form 1040X depends on where you live. If you live in Alabama, Florida, Georgia, the Carolinas, or Virgini

How long does an amended tax return take to process?

Normal processing time for Forms 1040X is 8 to 12 weeks from theIRS receipt date. Also, make sure to append the signature and the date. It will helpthe authorities to track t

What is an amended tax return?

A return filed to correct one that was already filed if some change or error becomes known.. For income tax, it is done on a 1040X...a very simple form (show what chaged, by

What amendment states that the deadline to file your federal income tax return for the previous year is April 15?

That like most things, would be found in the US Laws, not an amendment to the Constitution. The laws of the land, which like any, are found within a general area of similar la

What happens if I don't amend my tax return to include my w2?

Your W-2 is provided to your, and electronically a month later, with the IRS by the employer. Always. The IRS computer will eventually match your return to what has been repor

Can you e-file an amended tax return?

No. You can use a computer program or a web site to prepare your amended returns, but when you are done, you will have to print them out on paper (every program I know of h

How far back can you amend a tax return?

There is no deadline. However after a certain point you won't be eligible for a refund or to make certain elections. And after a certain point, the IRS may not be able to coll

If you filed 2004 taxes can you now file an amended return for that year?

The short answer to your question is yes. However, it may or may not be beneficial in your situation. First, if you are going back to amend the return in order to receive a re

Should i Amend tax return to qualify for mortgage loan?

Not unless you actually earned the income. In that case, new rules about documenting your "repayment ability" per the Dodd-Frank Act mean lenders are responsible for determini

How do you amend a 2008 tax return?

To correct an error on the original filed income tax return you will have to use the 1040X Amended Individual Income tax return available by going to the IRS gov web site and

How many years do you have to keep your tax returns?

The length of time you should keep a document depends on the action, expense, or event the document records. Generally, you must keep your records that support an item of inco