John J. Bowman, Jr. in Personal Finance and Investing, Money, Finance CEO • Bowman & Associates Apr 27, 2020 · 1 min read · ~100

How to Correct Tax Return Errors

How to Correct Tax Return Errors


No matter how many times you check or how accurate you believe your information to be, mistakes happen. When mistakes happen, it is not the end of the world, but mistakes on tax forms can become headaches.

You may use a tax professional, some form of tax software, or complete taxes the old fashioned way; however you do your taxes, you should check them thoroughly before filing. While there are ways to make corrections once you’ve submitted, most of them do entail waiting additional time for a refund and increased time and paperwork. Here are some of the ways to amend those mistakes as quickly as possible.

Let the IRS Fix It

Sometimes, calculations are off by just a few dollars. If you’ve made a small error that does not greatly impact your return, the IRS may fix it for you. If this is the case, the IRS will send a letter explaining the adjustments and offering advice on next steps, should there be any. This is the easiest solution and is actually commonplace for simple and easily-corrected mistakes. 

Send an Amended Return

If the IRS does not fix the mistake that you know you made, an amended return can be used for correcting the large majority of mistakes. Simply download and fill out a 1040x form from the IRS website. This is the best blanket solution on the list, as it covers errors great and small.

Have a Copy of the Initial Return Handy

If you are correcting a mistake, you must have a copy of the initial return that you filed. This return will be used to spot the mistake and any subsequent issue that would need to be changed.

Check Your Math While Making Corrections

When filing your taxes, one incorrect line on your return can affect the outcome of everything else. You cannot just go in and change the error that you made and move on. You must also go through the rest of the return and make necessary corrections based on the initial error. 

Avoid e-Filing Amended Returns

The ability to electronically file your taxes is one of the best things to come from the Internet age. Refunds come more quickly, and there is a lot less paperwork to be mailed. This, however, is not an option for an amended return, so have envelopes and stamps ready. It may help to gauge the estimated time period between your mailing of the return and the IRS’s receipt of it.

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