I've recently recieved my 1098 form. Only problem is that I've already filed my taxes and have recieved my refund. How do I make an adjusment?
2007-02-20 03:44:58 · 8 answers · asked by wurumi 1 in Business & Finance ➔ Taxes ➔ United States
Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040, Form 1040A, or Form 1040EZ. 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.
2007-02-20 03:48:07 · answer #1 · answered by Barkley Hound 7 · 1⤊ 0⤋
If using the 1098 will give you more of a refund, then file an amended return on a form 1040X.
2007-02-20 14:04:06 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Form 1040X is the form to amend your already filed tax return. Do not file another 1040, as it will only confuse the IRS computers. If you used a software program like Turbo Tax or TaxCut, the form may be available on the disk, depending on what level of the program you purchased.
2007-02-20 03:51:22 · answer #3 · answered by Brian G 6 · 0⤊ 0⤋
All you want to do is report an change to record your earnings on your 1099 Misc. the reliable element is that you'll record some deductable prices to diminish the quantity of funds you would favor to pay. Tip record mileage that could also help you. record any prices . frequently, the position you report your earnings taxes stands out as the position the position you'll favor to report your change. in case you probably did it your self than you would ought to do it or you could take it to a CPA or earnings tax position the position they'd be in a position to do it for you and value you about an similar as a wide-spread earnings tax go back.
2016-12-04 10:18:12 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Go to www.irs.gov
Look up the 1098 form and adjustments. It'll walk you through the procedure.
2007-02-20 03:50:50 · answer #5 · answered by M E 2 · 0⤊ 1⤋
You have to fill out an ammendment form. The tax agent will have them and if you filed yourself then go back to where you got the original form.
2007-02-20 03:48:39 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You need to file an amended tax return. 1040X.
good luck & blessing
2007-02-20 03:47:44 · answer #7 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 0⤋
call the IRS ???
2007-02-20 03:47:53 · answer #8 · answered by insane.dudex 1 · 0⤊ 1⤋