If you've noticed a mistake on your tax return you already filed that works to your benefit, the Internal Revenue Service allows you to amend your tax returns within three years of the date on which you filed, or within two years from the date that you paid the tax due on them, whichever is later. However, amended returns are not mandatory, so if you made a mistake in your original return and later find out about it, you are not required to file an amended return, though you may do so. If you choose to amend your tax return, you have to correct every mistake that you are aware of, not just the information that will get you a bigger refund.
If you made a mistake on a tax return you have already filed, you can amend it as needed by filing IRS Form 1040X . Keep in mind, however, that this form cannot be filed electronically. You will need to mail a paper copy of this document to the IRS within the applicable time frame in order to ensure that it is received and processed.
How to Fix a Mistake on a Tax Return Already Filed
If you made a mistake on your tax return, the IRS prefers you not file a completely new return because it clogs up the system and can lead to confusion. Instead, the agency wants you to file a 1040X, the form used to report and correct errors. Don’t file an amended return for mere math problems. Only file if the error was critical, for example, you forgot to claim income on your taxes. Simple errors the IRS will correct or send you a notice for more information. If you used a tax program or online tax site, you may be able to use the program to produce the forms for your amended return. However, you still have to print out the documents and mail them in to the IRS. You cannot e-file an amended return.
Preparation of Documents
You'll need your original return, so ask your tax preparer for a copy or locate one in your files or on an electronic database. Download return forms for the appropriate tax year from the IRS website if you are changing any information that changes the dollar amounts you originally reported. These are PDFs in which you can type in new information, so you don't have to print them out right away.
Forms You'll Need
Download Form 1040X from the IRS website. This is the form, also a PDF, in which you can fill in information before printing out, that serves as the basis for an amended return. Taxpayers use it to report such amendments as additional income, a change from separate to joint return, to add information from updated tax forms and to claim dependents, deductions and credits. Gather all new tax documents. And remember, receipts help boost credibility for new credits or deductions that you are claiming. Be sure to keep them on file.
Filling in Form 1040X
Write or type the year for which you are amending your return at the top of Form 1040X. Complete the top of page one through “Amended return filing status” regardless of your reason for making the changes. Identify specific lines you want to change. For changes in exemptions, complete lines 24 to 30. If you are changing information about income or standardized or itemized deductions, complete lines one to five. Other sections cover your tax liability, payments, refunds and possible amounts you may owe.
Making Amendments to Your Return
Enter the amounts from your original return on Column A. Enter the appropriate increase or decrease for each line you are changing on Column B. Complete Part III to explain why you are making the changes. Attach new schedules or forms if the changes affect this information. Attach a new W-2 if you received an additional one after you filed the original return. Add the increase in column B to the amount in column A.
Write or type the total nonrefundable credits you are claiming in Column A on line seven. The corresponding lines for this information for tax years 2013 through 2016 are the following: For the 1040, use lines 47 to 53 or 48 to 54; for 1040A, use lines 29 to 33. Enter other taxes you paid in column A on line 10. If you have a refundable credit to claim, complete line 15. Mail the amended return to the appropriate address for your city that is provided by the IRS.
- Internal Revenue Service: Instructions for Form 1040X
- TurboTax: How to Correct Federal Tax Returns
- TurboTax: How to Amend (Change or Correct) a Return You Already Filed
- IRS. "Amended Returns & Form 1040X." Accessed June 24, 2020.
- IRS. "Here Are Five Facts About the New Form 1040." Accessed June 24, 2020.
- IRS. "Tax Reform Basics for Individuals and Families." Accessed June 24, 2020.
- IRS. "IRS Audits." Accessed June 24, 2020.
- Don’t file an amended return for mere math problems. The IRS will correct this information or send you a notice for more information. If you used a tax program or online tax site, you may be able to use the program to produce the forms for your amended return. However, you still have to print out the documents and mail them in to the IRS. You cannot e-file an amended return.
- According to "Forbes," amended returns may be subject to more scrutiny and may trigger an audit. Using an amended return that yields a refund to offset a current or future tax debt may help avoid disputes, the magazine says.
Samantha Kemp is a lawyer for a general practice firm. She has been writing professionally since 2009. Her articles focus on legal issues, personal finance, business and education. Kemp acquired her JD from the University of Arkansas School of Law. She also has degrees in economics and business and teaching.