When filling out the f1040x, do I need to fill in each line or simply the deltas between the old & corrected?

Question

Was estimating my 2006 tax liability for April and realized I forgot to include capital losses and Schedule D from 2004. I plan to submit a 1040X and I'm wondering if I need to fill in values for each line or simply lines #1, #5, #6, and etc...(basically, just the lines that changed between returns)?

Answer 1

You need to fill in each line. Column A is for the amount per the original return. Column B is for the amount per the amended return. Column C is the delta between Columns A & B. You will also need to provide a copy of the return as originally filed, plus a copy of the return as amended. You only need to attach the forms that was actually changed (i.e. Form 1040 pages 1 and 2, Schedule D, and Schedule A if you itemized).

Answer 2

For each line where you have an amount on either the originally filed return or on your corrected one, you will fill in all three columns - the original amount, the corrected amount, and the change + or -. If the line didn't change, fill it in anyway. If a line was blank on both the original and the corrected return, you can either leave it blank or fill with zeroes all the way across.

Answer 3

Fill out each line in all three columns. For any line that has a change, provide an explanation as well at the end of the form.

Answer 4

go through the entire form, starting with the change in AGI. you need to fill out the original, corrected, and "delta" amounts of each line. you should prepare a corrected 1040 first. then place the original and the corrected 1040s side by side and that will facilitate filling out the 1040x.