When you prepare the 1040X, it’s not necessary to complete a brand new tax return. Form 1040X only requires that you update numbers that will change. If your changes affect more than one tax return, ...

The Internal Revenue Service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software, in what the agency called a “major ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...

Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...

If you receive a 1099-INT, the tax form that reports most payments of interest income, learn if you have to pay taxes on the interest it reports. • Form 1040-SR is a large-print version of Form 1040 ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

The form for those 65 and older is easier to read and fill out Reviewed by Lea D. Uradu Fact checked by Suzanne Kvilhaug To simplify taxes for those ages 65 and older, the Internal Revenue Service ...

The IRS announced Thursday that taxpayers will be able to electronically file Forms 1040-X, Amended U.S. Individual Income Tax Return, “later this summer” (IR-2020-107). According to the IRS, making ...