How to fill out Form 1040X, Amended Tax Return
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- Опубліковано 1 жов 2024
- You can follow the link below to get the current version of this self-calculating form. But before you download it please click Like and/or Subscribe. The software is free, so it's a small price to pay. Thanks. Much appreciated. www.pdftax.com/
This is the only video on UA-cam that gets down to the point on how to amend your tax return when a new w2 is received. Thank you sir!
Yesss thought it was just me
Who’s here because they didn’t get their stimulus check because your parents filed you as a dependent
I'm here cuz I accidentally said I was a dependant.
@@red_astr0382 did you figure out how to fill it out? I'm on the same boat as you
I'm here cuz we got married 2- 14-2020 and filed our taxes too and it wasn't noticed.
@@babyjudyx212 I'm sorry but I'm in the same situation, can you help me and answer a couple of questions?
So I filed about a month ago and already got my return but then robinhood sent me my 1099 since I'm new I didn't know I was getting one since I only made $211.17. So what do I do?
Did you ever figure this out?
This is a great walk through. All the tax services in SA TX charge $148 for this. You are doing gods work my brother, keep it up!!!!!
I would like to say that you are extremely helpful and so are your self-calculating forms. I can't thank you enough for taking the time out of your life to do this!
You're very welcome!
I accidentally put myself as dependent instead of independent, what would I need to change? Also, since I only need to change that one thing, do I still need to fill everything else in?
Same boat omg
SAME BOAT TOOOOO!!!!!!
Same 😂😂
Same
I need this answer please! I could get my stimulus check!
I had to re-watch one area and finally the lightbulb went off and finally got this amend done. So glad I found this you tube channel. Thank you for explaining how to fill this out.
Thank you John, for this step by step video! I had to watch the video at least a dozen times... and it took me 4 hours to flip back and forth from the video to my 1040x form to finish both pages. I wanted to be certain that all of my calculations were done correctly!! I didn't have the money for a tax consultant to help me complete the form, and your video saved me a nice chunk of money! (Maybe not the time, but now I know how to do it myself!) Again, thank you so much, this video was VERY helpful for me.
thank you so much, you just saved me from paying a tax preparer
Thank you so much, this helped me after I had a w2 sent to the wrong address therefore had to fill out a 1040X
Hello!
Great video! I am in a situation now that I have to amend my 2017 Tax status from single to Married filing separate, How do I go about doing this?
Thank you much!
Check the box for MFS amended return filing status.
@@pdftax8031 I have the exact same question. I know i need to check the box for married filing jointly now but in the original amount do i include both our incomes? I'm so confused
@@veznha No just yours
Hi John:
Thank you very much for this video and the other videos that you've produced. They are very educational and informative.
My question to you is that on line 5 of the 1040x, your calculator does not take into consideration when a number in this line is less than zero. I think the instruction on line 5, says that if the amount is less than zero, we should enter zero. I now have a situation where my amount in that line is a negative number, and I have tried to override it to make it a zero, but it is not allowing me to do so, without disabling the entire program calculator. Because I am not able to make the number on this line zero, I am not sure the effect this might have on the rest of my 1040x calculations.
Do you have any suggestions?
I will appreciate any help that you can render.
FD
Thank you for your valuable input. Much appreciated. This is obviously something that needs to be fixed. And it has been. You can download an updated version of 1040X here:
www.pdftax.com/
Sir, How long one can revise or amend their return? Is there penalty for fing 1040x?
Hello, I filed ira 2k in original tax, but was denied at bank because pass the dead line of 4-18-22?
Please advise. Thank you 🙏
Ps. Do you have to send in all the original ( 1040, schedule a,b etc...) again with this amended one ?
Where do I find this particular form that does the calculations for me as your form does?
Thanks! Just saved me $200 that H&R Block wanted to charge me.
SAME
Thanks for sharing. So if i do not agree with the IRS , should i just re enter the same figure onto the 1040x to confirm that I did not owe anything? Appreciate any suggestion and help.
If you owe money after amending and cant mail the payment at the same time with the return. But the tax cut off is basically next month.. do I have to wait untill the return is amended before I can make a payment n is it possible that late fees n penalties will apply to the bill if it doesnt get processed before the tax cut off date?
Did you owe on the original return and did you pay?
@@pdftax8031 yes I did and I paid immediately.. reason why am asking is that I recently got my 1095 C health insurance proof n apparently I wasnt covered for some months but I thought I was so I put covered all yr when I first filed so now corrected it I have to pay the penalty
i did my wifes taxes, i wrote them under spouse and checked "married filing spereate" but when we submitted they did it jointly,,,, was i supposed to leave spouse blank?
Thank you for making this step by step! Super helpful! Quick question, if only one spouse has a corrected W2 do we still document both wages/taxes. Additionally, how will they know which individuals W2 is being corrected (or does it not matter)?
Thank you, this was very helpful, butt question is what do I do with line 7? My original form is 0 for credits, but in the instructions for an amendment, it states : If you made any changes to Form 1040x,lines 1-6, be sure to refigure your original credits
Hi Sir, this is such a great explanation. I just have one quick question. I was wondering what other documents I would have to send along with my 1040-X form. Could you please let me know?
Can you please do a video filling form 7202?
How do you adjust taxes when you forgot file credits for self employed 1099?
How can i do one for 2019 year
I really need help with filing my 1040x I need to add my unemployment from 2021 and add my other child that was not claimed.
How do you get a 1040x form
www.pdftax.com/
I am filing a 2019 amended tax return. The only thing I need to change is the dependents section and claim the child tax credit. I don't know how to complete form. Help
Is this the form I should use if the IRS claimed my child didn't exist even though he definitely does? We need to repeal the 16th Amendment, this is a nonsensical mess...
if i need to remove dependents for 2019, should I write anything in the 24-30 lines?
Here's what the instruction on the form says.
! CAUTION
For amended 2018 or later returns only, leave lines 24, 28, and 29 blank. Fill in all other applicable lines.
The state sent me the adjustment amount for unemployment for 2021. How do I document that on the 1040-x?
Great form and helped me out a lot. I had 1098 correction that increased my deductions. Just getting around now to do it ....$300. Watching you also helped me where my error was.
So I got audited and never got why I was to get 14568 and got 5000 how do I amend that as a small business owner
My 1099G wasnt filed in 2020 and 2021. Can I file it using this form?
I’m what box should we put education expensss that were not seclared
hey if i didnt file for 2018,2019,2020,2021,2022 i would like to amend those because i never recivbed any stimulus checks and never got my pua
If you never filed for those years file an original return, not an amended return.
Could I pay for you to fill one out for me
Where do I find agi on the original tax return
it was clear but I'm still lost! last time I do my taxes by myself. I'm about to be audited. . .
I am a non-resident alien. I accidentally filed form 1040. I need to submit form 1040X and a completed form 1040-NR-EZ. The instructions for this sort of change are below. These instructions do not say anything about checking the box to indicate the calendar year. Should I check the box to indicate the year or leave all those checkboxes blank?
Additionally, should I indicate my filing status even if I am not changing the filing status. Form 1040X says I must check the box even if I am not changing my filing status, however the instructions for this form from the IRS (as below) say the only things I should enter are my name, current address, SSN OR ITIN, and nothing else on page 1.
To amend Form 1040NR or 1040NR-EZ, or to file the correct return, do the following:
• Enter your name, current address, and social security number (SSN) or individual taxpayer identification number (ITIN) on the front of Form 1040-X.
• Don’t enter any other information on page 1. Also, don’t complete Parts I or II on page 2 of Form 1040-X.
• Enter in Part III the reason why you are filing Form 1040-X.
• Complete a new or corrected return (Form 1040, 1040-SR for
amended 2019 and later returns, Form 1040NR, etc.).
• Across the top of the new or corrected return, write “Amended.”
• Attach the new or corrected return to the back of Form
1040-X.
This video helped me file for my military severance pay taxes. Thanks so much!
U figured out to fill out the form for severance pay .. I have a some questions about it... when he fill out the changes and add the taxes and etc.. we will leave the open.. right.. since it should not be taxed...help please...I wish a example could be shown for the ones filing the Severance pay...
Thank you. This is helpful. I need help on the 1040x, My friend took out 35,000 during covid time. She didn't have to pay back for 3 years. Now the IRS asked her to file a deficiency and along with 1040x for her 2020 tax year. How would she go about doing this?
the link doesn't have a 1040x, Amend Tax Return self calculating, which is what I need. But, thank you for the video.
Hello. My employer reported $2,000 as social security tax withheld while $3,000 was withheld.
On which line should I report the correct amount of the social security tax withheld on 1040-X?
A common unanswered question goes to entry format. Whether a blank is equivalent to zero. For example, if taxable income at line 11 is zero, my accountant entered nothing additional on the form through and including line 23.
There are a HUGE number of things like this that written or video form information ignores as if everyone "just knows".
Do I need to send in my original 1040 with thew 1040x?
Just the corrected 1040 and any other schedules that changed.
Hi there, I clicked the link that takes to the self-calculating IRS forms, but this form 1040-X is not available :(
hi, very good video, I learn a lot, now i'm making my 1040x, I make under 10,000.00, single self employ, I need help, I did on line 2019 and I have to pay 300.00 My mistake was in food I only wrote 160...this is my first time doing by myself...thanks
I downloaded and purchased the 1040x . not sure if the code is working. plz help
Did you contact support?
Hi , I have to amend my tax for the year of 2018 , first is that still okay to do , and secondly the amendment is because I failed to claim the CHILD TAX CREDIT that year and I qualified for it . I do not see anything on the 1040-x where I can add that information. Can you please guide me in the right direction? Thank you so much for your anticipated help in this matter
You put in the single standard deduction on the video. You are showing Married Filing Jointly. Helpful video though.
Hello, if my 2016 taxes were kicked back only due to the fact the IRS didn't send me my PIN # (that they NEVER sent me), do I have to file a 1040X??? I mean, am I able to just put this years PIN on it and resend the information???
Thanks for explaining this so clearly!! So I have one more week to amend my 2020 tax return?
Thanks for the video. What if I forget to report a 1099-D (for dividends) because I received the form later after I’ve already filed my taxes. Where do I enter the dividend income? It’s around $160 total
Any way to contact you for help on the 26th to amend my federal and state this will be the first time and would love if you could help me bro
I don't understand any of this shit
I have a rental property and had many repairs done. When I filed I used an online service that didn't allow depreciation using the form 4562. Can I use the 1040x to amend that return and would I also send in a form 4562 for depreciating the cap ex improvements of around 20k?
can you amend a 2021 return and add to your ira to reduce your tax burden?
Do you use this for cancelation of debt as well ?
John, can you help?? My husband failed to file his business returns for 2016. I was not aware of this until IRS and State sent letters. At first thought is was a scam. Now I know differently. I filed married/jointly because the tax preparer stated it would be better for us to do so. Now I have to pay IRS and State. I want to amend and show the losses for the business and hopefully get my money back that I have paid in. This is his business I have no part of it. I am the sole provider for our household. He does not work and this is a hobby for him.
I watched your video but I became confused. I have tried to do it on my own but am at a loss as to what I am doing. I tried to go back to the preparer but he is no longer in business.
Please show me how.
Thank you Sue
Thanks so much for this video! I have a question I need to make an amendment after receiving the refund payment, I received my 1099 R in the mail. taxes were taken out the distribution before it was dispersed but how would I document the amount I got for the tax refund payment on the 1099x form ?
why you did not show the 1040! omg!!!!
What if i forget to put in my missing $1,400 3rd stimulus check?
Then it's a good idea to file an amended return.
I forgot to add a 1099 G unemployment
Would I put that amount in the same box you put their missing W2?
FINALLY someone who speaks English. Thanks so much for this video boy imma tell ya I was bout to mess up big time in this form til I watch this video damn dodged bullet on that one phew
How did you send in your electric tax return
Do you have form 1045 as an example of how to fill out.
I just filed my 2020 tax return and it was accepted. But I need to remove one of my dependents and I have absolutely no idea how to do this? I need help please!!!
Hi thank you for the video, but you might want to cover up your clients socials yes the video was helpful by the way
Where should I put an IRA contribution? I filed then invested. Does it go under a deduction of wages?
Can I do this on a mobile phone?
Sorry, no can't.
@@pdftax8031 Thank you
Do you provide any service.
I did this and now I owe $3,000 lol
Can I do this for ERC program
On line 12 do I need to add federal income , social security tax, Medicare tax on that? I don’t know what to add on line12
Line 12 is for tax withheld, normally from a form W2 or 1099R. If you had excess soc sec tax or medicare withheld it would go on this line as well. That usually only happens when you have more than one employer and the total withheld is greater than the maximum allowed.
Very helpful video, thank you! What forms must I include with this? Do I include my original 1040 form with it?
if im single just claiming 1 for myself, do I leave line 4 blank??
There was a 1099 reported on my 1040, which needs to be taken off(should have not be on my 1040). The IRS overpaid made adjustments, refund me an amount and charge me a fee(which I paid). I want to correct to get the proper refund(which was less, so id owe) and receive the payment penalty fee back after the corrected 1040x. The funds I owe(due to original over refund less the actual refund) to the IRS can be taken from the payment I made to the IRS pre 1040 x correction. Is that possible? Please help and let me know if this is clear. You assistance would be golden.
If I did not entered one 1099 detail information but I did include the income as other income when I filed the return, how can I do the amended return while I don’t have any increased tax liability
How to you submit the form
No mention on what documents should be mailed in addition to the 1040X if any.
would tax witheld be the combined taxes? im a bit confused as i am trying to fix something
John, If I have business (organizational/startup) expenses from my single-member LLC, I was told I can add them to my personal taxes (Schedule C). I want to amend my original 1040, using 1040X/Schedule C, to include these expenses. Doable you think? Thank you SO very much for the videos & resources, you are truly AWESOME!!
What if you forgot to file a w-2?
My daughter marked that no one could claim her, so her Father wasn't able to, though she lived with us and attended school and only worked part time. Can this be amended? Also, does it carry over to the State return, or is that a separate amendment?
Hi, i need to amend my taxes because my ex and I sold a rental property. Inhave the schedule d and the 4797 that his accountant gave me. Not sure where to out that information.
This is a fairly complex transaction. My best advice is to get your accountant to help you with it.
how do you add a 300 charitable contribution to the standard deduction is it a separate line or can you just add it to the standard deduction
What if you want to change just your dependants?
You added an extra income what if I need to add two forms of income one for unemployment and one for inheritance
Filled out this form due to forgetting depreciation. What do I need to include in the mail along with form 1040x?
Depreciation goes on form 4562.
I have a very, very time sensitive question. For line 5 of the 1040 X Rev July 2021. For line 5 it says subtract line 4b from line 3. If result is zero or less, enter 0. Which column do I put the zero sum? My relative had no taxable income so would I put the zero in column A B or C?
i DONT SEE THE 1040X ON THE WEBSITE
2018 version hasn't been released by the IRS yet.
Hello
I filed Form1040 instead of Form1040NR. Can anyone help me on how to make amendments using Form1040x in my scenario?
Thank you in advance
Here's what the 1040X instructions say:
Resident and nonresident aliens. Use Form 1040-X to amend Form 1040NR or Form 1040NR-EZ. Also, use Form 1040-X if you should have filed Form 1040 (or, for years before 2018, Form 1040, 1040A, or 1040EZ) instead of Form 1040NR or 1040NR-EZ, or vice versa. To amend Form 1040NR or 1040NR-EZ, or to file the correct return, do the following: • Enter your name, current address, and social security number (SSN) or individual taxpayer identification number (ITIN) on the front of Form 1040-X. • Don’t enter any other information on page 1. Also, don’t complete Parts I or II on page 2 of Form 1040-X. • Enter in Part III the reason why you are filing Form 1040-X. • Complete a new or corrected return (Form 1040, 1040-SR for amended 2019 and later returns, Form 1040NR, etc.). • Across the top of the new or corrected return, write “Amended.” • Attach the new or corrected return to the back of Form 1040-X. For more information, see Pub. 519, U.S. Tax Guide for Aliens.
Hello, how would you amend because of a 1099 was not included. The 1099 say 20,000 income would get a schedule C with gig expenses of $15460?
You need to fill out schedule C and schedule SE as well as an amended form 1040 and attach them to 1040X.
Your not explaining anything u jus putting in numbers
I have used a tax preparer and I have missed declaring dividends on 16$ and 32$ in 2018 and 2019 tax returns... do I need to amend them? If so, can I myself amend these or do I need to contact the tax preparer to do these.. I might just end up paying 20-30$ overall but the tax preparer is charging 300$ for two years...any suggestions please? Thnx in advance
You can do it yourself if your comfortable doing it. You're not required to use a tax preparer.
I have 2 w2s from 2017 and 2 from 2018 which 1 of the 2018 is from unemployment which i didn't have them take out tax.. all i forgot to file🤦🏾♀️ so how to i do this..omg
You need to file 1040X for 2017 and 2018.
My tax preparer did not claim my education credit on 2018 tax return, however I did it myself for 2019 and got the $1000. Can I still get the 1k from 2018?
Yes, if you qualify.
If all I need to do is remove a dependent would I not fill out anything for the tax part of the form & only adjust the dependent box on the 2019 form?
If so, which box is it?
Free?