Tax QuestionsCategory: Amended Tax ReturnsI made a mistake after filing the Federal returns, what do I do now?
Robert Mayes asked 5 years ago

I made a mistake after filing the Federal returns, what do I do now?

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1 Answers
tara berks answered 5 years ago

If it’s a simple computation error, the IRS corrects it themselves, so nothing to worry about. But, you are required to file the correct filing status. You must also update information on your income, deductions, or credits to avoid any discrepancy. You can do this by filling out Form 1040X (Amended U.S. Individual Income Tax Return).

When filing a 1040X, you need to attach a copy of forms and schedules must be updated or was not included in your initial submission. It usually takes 16 weeks for the IRS to process the amended return.

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