It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...
A Reddit user overpaid his taxes and isn’t sure if he should amend his return. He is owed $106, and it’s worth filing an amendment to get back his money. The IRS makes it easy to file an amendment ...
Filing taxes can be challenging, and it’s easy to make mistakes like math errors, missing deductions, or choosing the wrong ...
Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...
Is it too late to correct past FBARs and file amended returns with the IRS? The net is closing in on U.S. taxpayers with unreported or under-reported domestic and offshore income and assets. The IRS ...
It's no fun paying taxes, but it's worse to discover that you paid too much. Perhaps a receipt for a long-forgotten charitable donation turns up after a tax return has been filed, or you find out ...