Comments on: Filing Form 1040X When We Need to Correct Our Filed Tax Return

By: Arleen

Arleen — Tue, 08 May 2012 18:45:28 +0000

When we filed our 2009 taxes, we were told that we owed 5K, and so we paid it. We got an amendment for that year and looks like IRS actually owed us. So now we got the 2K that they owe us. When my husband called to check if they are giving us back the 5K that we paid them, he was told that we are now even… we are not owed anything.

I am now confused as to why we would be even when we paid the 5K. Please help!!!

By: Nancy

Nancy — Mon, 30 Apr 2012 14:51:16 +0000

I received a 2 1/2 year payment from Social Security Disability in Dec. 2010. They direct deposited it into my checking but I was told to wait until I heard from my LTD insurance so that they (LTD) could tell me how much money I needed to send them which was of course all of it. It was never our money but because LTD did not deposit our check until Jan. 2011, it became our tax problem.

We were told to fill out something from chapter 19 and we would not have to pay the taxes on it since it was not really ever our money. This was Jackson Hewitt that told us that. Unfortunately, we got a letter from IRS last month stating that we do indeed have to pay the $2600 to IRS. We went to IRS and the woman put some numbers and information in the computer and said that it looks like we don’t have to pay but that we would hear back in 45 days. We got a letter from IRS last week saying that we not only owe the money but now owe penalties on it so we sent them a check. We were told to then do a 1040X but don’t know where to start. We went to IRS but after waiting 5 hours, we were told that it is not their job to help us.

We don’t even know where to start.

By: KeithK

KeithK — Fri, 06 Apr 2012 19:03:03 +0000

I just noticed I made an error on my 1040 in 2007, for my HSA I entered my contribution amount (MAX) and the same amount contribution by my employer.. This caused a ripple effect, where in 2008,2009,2010 and now 2011, it lists excess contributions. and I keep paying TAX on the over contribution to my 2007 HSA that I never over contribution to. It was an error on my part in 2007. How do I go about correcting this and getting a refund for tax years 2008,2009,2010 ?

By: David Huang

David Huang — Mon, 02 Apr 2012 20:52:30 +0000

Hi, I just filed and sent out year 2011, 1040/540 form 2 weeks ago. My wife want me to lower AGI by putting more money to qualified IRA account. Can I do it by putting more money on IRA for year 2011 and file year 2011, 1040X/540X now? Or I need to wait until IRS and CA state finishing process my original 1040/540.

By: Sherry

Sherry — Mon, 19 Mar 2012 19:52:57 +0000

Can someone please walk me through the steps to filling out a 1040x? I have 2 1099 that I need to include and don’t know where to begin.

By: Mina

Mina — Tue, 28 Feb 2012 18:05:57 +0000

I filed my w-2′s and realized that I am eligible for EIC, but I forgot to file for it before submitting my returns. Will Form 1040X help me? If not, what form will? I also head H&R Block is doing “Second Looks” to recover anything that was missed. Do you think they will help me?
Thank you so much.

By: Tom

Tom — Tue, 28 Feb 2012 07:53:08 +0000

Hi there,

I recently received a notice from the IRS concerning my filed taxes for the 2010 year. It turns out that my son was informed by a tax preparer to file as independent due to the fact that he makes over a certain amount a year, and is over 23. Not knowing, I included him as a deduction and now one of us has to file the 1040x form. I guess my question is, who should file this form (considering penalties, etc. will need to be paid) so we can take the smallest financial hit?

By: mitch

mitch — Wed, 22 Feb 2012 08:44:20 +0000

i filed 1040 with 30,000 as ira deduction(my mistake) so irs adjusted AGI to +18,000 with corresponding increase in tax due. I want to change the ira deduction to 0 and move the 30,000 to a different tax shelter i have. When i send in the 1040x do i use THEIR adjusted AGI instead of MY original AGI as the original numbers since they already went ahead and adjusted it ? aloha

By: Anabel

Anabel — Fri, 17 Feb 2012 16:33:03 +0000

Hi I filed my taxes the other day and I filed as married joint But since my husband is not legal and has an itin so I did not get the Earned Income Credit Can I cancel my refund and redo my taxes as single to get the EIC? Or am i pretty much screwed. By the way i am the only one that worked.

By: mann

mann — Wed, 15 Feb 2012 19:18:13 +0000

I filed with hr block and was rejected because they say I was claimed wat can I do now