Add a deduction after taxes have already been filed?

Question

I have already filed my 2006 taxes and have now found further deductions that could possibly get me more than $500 back. Is there something I can do to claim these or am I screwed?

Answer 1

If you discover an error after your return has been mailed, you may need to amend your return. The service center may correct errors in math on a return and may accept returns with certain forms or schedules left out. In these instances, do not amend your return!

However, do file an amended return if any of the following were reported incorrectly:

your filing status
your total income
your deductions or credits

Use Form 1040X (PDF), Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040 (PDF), Form 1040A (PDF), or Form 1040EZ (PDF). If you are filing to claim an additional refund, wait until you have received your original refund (you may cash that check). To avoid penalty and interest, if you owe additional tax for a current year amended return, file Form 1040X and pay the tax by April 15 of the current year.

Be sure to enter the year of the return you are amending at the top of Form 1040X. The form has three columns. Column A is used to show original or adjusted figures from the original return. Column C is used to show the corrected figures. The difference between the figures in Columns A and C is shown in Column B. There is an area on the back of the form where you explain the specific changes being made on the return and the reason for each change. If the changes involve another schedule or form, attach it to the 1040X. For example, if you are filing a 1040X because you have a qualifying child and now want to claim the Earned Income Credit, you must attach a Form 1040 Schedule EIC (PDF) to show the qualifying person's name, year of birth, and social security number.

Generally, to claim a refund, Form 1040X must be received within 3 years from the date you filed your original return or within 2 years from the date you paid the tax, whichever is later.

http://www.irs.gov/pub/irs-pdf/f1040x.pdf

Answer 2

File an amended return on a form 1040X claiming the additional deductions.

Answer 3

You will have to file form 1040 X to amend your 2006 return. I would wait until you are certain that the original return has been processed, otherwise you might confuse the IRS.

Answer 4

You need to file a 1040 amended return. You can get the form on the internet at irs.gov. I've done it before and it's not difficult - just follow the directions.

Answer 5

You can file an amended return. Go to the IRS site and download the form.

Answer 6

so that you're saying that sis's incapacity earnings is such that she will't declare her children and also you say that your paying the loan and different costs (that you'll educate) is more beneficial than 50% of each and every newborn's help (do the worksheets and keep them and all receipts including your tax archives because the IRS will prefer to make certain them). They qualifying relative is plausible for nieces and nephews who do no longer stay with you, yet you get the exemption in trouble-free terms. till your earnings grow to be alreay severe sufficient to owe tax, more beneficial dependents would no longer substitute some thing.

Answer 7

I am in the same situation. You need to wait til you get your refund on the first return then file a 1040X to amend the return and get the rest of your money. You can get the form and instructions at www.irs.gov

Answer 8

You can file and amended return

Answer 9

all U need 2 do is file an Amended form & you'll get it or you can wait till next year & file the amended form then that's what I did this year lol.Good Luck

Answer 10

You can file a 1040X amended return, but wait until you have received any refund due on your first return filed.