Posts tagged Amended Tax Returns
How do I file an amended return with form 1040X?

The IRS provides directions for filing a 1040X on their website, although as with all things IRS they aren't always the easiest to follow. I highly recommend engaging a qualified tax professional, such as a CPA, to assist you with your taxes. Additionally, since you have a significant underpayment of taxes for the prior year, you will want to have professional guidance to minimize penalties (the IRS doesn't generally lower interest charges).

Article Also Covers:

  • Hiring a CPA is Cheap

  • Volunteer Income Tax Assistance Program

  • Minimizing Multi-Decade Taxes

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