Forgot to Claim Interest.?

Question

Hello, I recently filed my income tax (EZ form) and received my refund. I completely forgot to include about $100 in interest I received on my savings account last year. How do I go about and remedy this situation?

Thanks in advance for any assistance,
Vincent

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 17 of the current year.

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

http://www.irs.gov/instructions/i1040x/index.html

Answer 2

File an amended return on Form 1040X and pay the additional tax by April 17, 2007.

Answer 3

File an amended return on a 1040X. $100 addiitonal income won't cost you much in taxes.

Answer 4

Dont worry just fikle an amendment, but it porbaboy won;t make that much of a differecne, but every few dollars count.