It’s best to get your tax return right the first time, but mistakes happen. When they do, it may be necessary to file an amended return. An amended return is a taxpayer’s opportunity to receive any ...

It’s not uncommon to make a mistake on your federal tax return or leave out important information such as a tax deduction or credit that you’re entitled to—but the IRS has a process that gives you a ...

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 ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Richard Richtmyer is an senior editor at Buy Side and expert in student ...

Mistakes happen, and the tax law can be complex and ambiguous. The question becomes, what does a taxpayer do if they discover a mistake on their tax return? Should an amended tax return be filed? In ...

If you received unemployment benefits in 2020 and you've already filed your tax returns, the Internal Revenue Service is saying you don't have to file an amended return to claim the new tax waiver on ...

Tax filing season is underway and while many taxpayers may be eager to file sooner rather than later to get the process over with, they should be sure they have all the documents they need before ...

(NewsNation) — The Internal Revenue Service generally recommends keeping tax returns and related documents for at least three years after filing. That’s because the IRS has a statute of limitations to ...

Keep an eye out for mail from the State of Colorado. The Colorado Department of Revenue announced that the state is sending ...

With April in the rear-view mirror, most Americans — especially those whose employers withhold payroll and income taxes from their paychecks — needn't think about tax filing for many months. Some ...