I electronically filed and the return was accepted. I now see a mistake made with rental income/losses. I rent out 1/2 of my house and pay for all utilities. Instead of putting 1/2 of the utilities paid I put the full amount. How can I ammend this?
2007-01-31 01:14:51 · 6 answers · asked by shanet963 1 in Business & Finance ➔ Taxes ➔ United States
You can file an amended return with the IRS and with your state (if your state has income tax). If you deserve a larger refund as a result, the IRS and your state will pay you back with interest- though this will likely take longer than a standard (first) return.
2007-01-31 01:27:42 · answer #1 · answered by Reefster 1 · 0⤊ 0⤋
Download the 1040 ammendment form, complete it and mail it in. You can not file an ammendment electronically. It has to be on paper.
2007-01-31 09:28:34 · answer #2 · answered by Gypsy Girl 7 · 0⤊ 0⤋
File an amended return on Form 1040X. Assuming that you used Tax Cut (Block's software) it's pretty easy; Tax Cut can handle that for you.
2007-01-31 09:30:35 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Form 1040X. May have to mail that in vs electronic but easy enough
2007-01-31 09:33:59 · answer #4 · answered by vegas_iwish 5 · 0⤊ 0⤋
H&R Block does have a free Audit Support that cames in with your CD but you need to check that, I would say leave it as it is, and if they start questioning it, use free audit and just say you made a typo
2007-02-01 06:43:06 · answer #5 · answered by zemoman 1 · 0⤊ 0⤋
I think you have to re-file completely.
Check the IRS website. It is very helpful
http://www.irs.gov
2007-01-31 09:29:40 · answer #6 · answered by Uther Aurelianus 6 · 0⤊ 2⤋