Comments on: How do I make corrections on my taxes from two years ago? http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/ Be smart, do your taxes on time! Fri, 06 Jul 2012 04:39:35 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: bbittker http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/comment-page-1/#comment-4440 bbittker Thu, 29 Jul 2010 06:29:20 +0000 http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/#comment-4440 1040x is right, but the part about 3 years is questionable. the IRS has 3 years for assessment, and 6 years if the error is a substantial understatement (error>25% of gross income). 1040x is right, but the part about 3 years is questionable. the IRS has 3 years for assessment, and 6 years if the error is a substantial understatement (error>25% of gross income).

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]]> By: norm http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/comment-page-1/#comment-4434 norm Thu, 29 Jul 2010 04:29:54 +0000 http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/#comment-4434 File an amended return with the corrections. File an amended return with the corrections.

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]]> By: cathygirl32 http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/comment-page-1/#comment-4427 cathygirl32 Thu, 29 Jul 2010 02:30:36 +0000 http://netclubusa.net/irs-tax-return/how-do-i-make-corrections-on-my-taxes-from-two-years-ago-2/#comment-4427 Use 1040x. You have 3 years from the year in question to correct any mistakes. You fill out the amended return just as you did your return from 2 years ago with the exception of the corrected error (that is, the IRS will compare both returns and find the error themselves). Use 1040x. You have 3 years from the year in question to correct any mistakes. You fill out the amended return just as you did your return from 2 years ago with the exception of the corrected error (that is, the IRS will compare both returns and find the error themselves).

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