The IRS does not initiate contact with taxpayers by email, text, or social media to ask for personal or financial information.ĭon’t click on attachments or links in emails claiming to be from the IRS or provide confidential information on websites associated with them. There are many criminals who try to scam people by pretending to represent the IRS and demanding money. If you failed to attach necessary tax forms, the IRS will generally mail you a request for them. If you made a math error, the Internal Revenue Service will automatically correct those errors for you. Not all mistakes require an amended return. And don’t forget to amend your state tax returns, as well, if the same changes apply to them. If you owe more tax, file your amended return and pay the tax as soon as you can to avoid possible interest or penalties you may be charged for late payment. Amended returns take up to 16 weeks to process. If you were due a refund from your original return and realize you deserve an additional refund, wait until you get the original refund before you file your amended return. You can generally amend a return up to three years from the date the original return was filed (or up to two years after the tax was paid, whichever is later). These are some examples of reasons you may need to send in an amended return. Or maybe you just realized that you’re eligible for the American Opportunity tax credit based on college courses you took last year. Let’s say you did some part-time work on the weekends last summer and forgot to include that income on your 2016 return. You should amend your return if you need to make changes to your reported income, filing status, deductions, or credits. The California Society of CPAs () offers practical advice on when it’s best to amend a return and what’s involved. What can you do? Don’t panic: There is a process for amending your return if you discover you made an error or left something out. But while you thought tax time was behind you, suddenly you realize that you made a mistake on your return. You completed your tax return and submitted it on time.
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