Comments on: What If I Messed Up My Taxes? http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/ Sat, 13 Mar 2010 21:46:42 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Jacobson http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-66351 Jacobson Fri, 26 Feb 2010 05:00:07 +0000 http://financefreelancelife.com/?p=1380#comment-66351 My wife and i got into a fight, real bad. She left and then filled her taxes "single" alone and it was accepted by irs. it's has been a 2 weeks. Now she feels bad, is scared. We have decided to fix it and amend the taxes (which will include my tax information) We file the amended forms and mailed it ASAP. We are ready to pay back IRS, the 1000 refund. Are we going to be in trouble? Ar My wife and i got into a fight, real bad. She left and then filled her taxes “single” alone and it was accepted by irs. it’s has been a 2 weeks.
Now she feels bad, is scared. We have decided to fix it and amend the taxes (which will include my tax information)
We file the amended forms and mailed it ASAP.
We are ready to pay back IRS, the 1000 refund.
Are we going to be in trouble?
Ar

]]> By: ZemoG http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43759 ZemoG Sun, 19 Apr 2009 18:07:25 +0000 http://financefreelancelife.com/?p=1380#comment-43759 After you file the return, you can not e-file a 1040x. If you used tax program from home it will allow you to amended your return. By the end of tax season the IRS may have all the information from the W2's on their system. They will correct it or send you a notice. After you file the return, you can not e-file a 1040x. If you used tax program from home it will allow you to amended your return. By the end of tax season the IRS may have all the information from the W2’s on their system. They will correct it or send you a notice.

]]> By: Weekly Personal Finance Roundup: April 18, 2009 | Money Beagle http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43700 Weekly Personal Finance Roundup: April 18, 2009 | Money Beagle Sat, 18 Apr 2009 14:49:45 +0000 http://financefreelancelife.com/?p=1380#comment-43700 [...] Micah discussed what to do if you messed up your tax return, a very prudent post considering that tax day is fresh in our [...] [...] Micah discussed what to do if you messed up your tax return, a very prudent post considering that tax day is fresh in our [...]

]]> By: Aryn http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43603 Aryn Thu, 16 Apr 2009 22:07:05 +0000 http://financefreelancelife.com/?p=1380#comment-43603 If she got a refund, the IRS will probably note the additional W-2 and send her a corrected form. They do match them up to returns- which I discovered while filing some taxes in the year I had an inheritance. The deceased's employer had filed an incorrect W-2 and the IRS let me know before anyone else did. Just to be safe, she should see if her electronic filer can send a corrected return. Sometimes you can do that. <abbr><em>Aryn’s last blog post: <a href="http://www.soundmoneymatters.com/101010-rule/" rel="nofollow">The 10-10-10 Rule for Spending</a></abbr></em> If she got a refund, the IRS will probably note the additional W-2 and send her a corrected form. They do match them up to returns- which I discovered while filing some taxes in the year I had an inheritance. The deceased’s employer had filed an incorrect W-2 and the IRS let me know before anyone else did. Just to be safe, she should see if her electronic filer can send a corrected return. Sometimes you can do that.

Aryn’s last blog post: The 10-10-10 Rule for Spending

]]> By: mrsmicah http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43593 mrsmicah Thu, 16 Apr 2009 18:18:07 +0000 http://financefreelancelife.com/?p=1380#comment-43593 @<strong>Pete</strong> whoops! I see how it'd be easy to overlook that. @<strong>Calgirl</strong> I sent you an e-mail with my thoughts, but my short answer is that you don't have to scramble to send one in as soon as your return is processed since it's not going to affect your actual tax liability. Since you've got 3 years to correct it, I'd find some time in the next 6 months (and preferably a couple months from now) to call the IRS and double-check with them. But I wouldn't stress over getting it fixed right now. @Pete whoops! I see how it’d be easy to overlook that.

@Calgirl I sent you an e-mail with my thoughts, but my short answer is that you don’t have to scramble to send one in as soon as your return is processed since it’s not going to affect your actual tax liability. Since you’ve got 3 years to correct it, I’d find some time in the next 6 months (and preferably a couple months from now) to call the IRS and double-check with them. But I wouldn’t stress over getting it fixed right now.

]]> By: calgirlfinance http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43592 calgirlfinance Thu, 16 Apr 2009 17:47:20 +0000 http://financefreelancelife.com/?p=1380#comment-43592 Great post, Mrs. Micah. I filed my taxes, then I received an amended W-2C on Monday, I was notified that I would receive this on Friday 4/10. However we put the new info into TurboTax and it didn't change the amount owed. Do we still need to file an amended return? The W-2C had the amount that I contributed to the Roth 401K, so I don't think it affects our tax liability. Great post, Mrs. Micah.

I filed my taxes, then I received an amended W-2C on Monday, I was notified that I would receive this on Friday 4/10. However we put the new info into TurboTax and it didn’t change the amount owed. Do we still need to file an amended return? The W-2C had the amount that I contributed to the Roth 401K, so I don’t think it affects our tax liability.

]]> By: IRS - Late Filing Tax Return Penalties - Need Some Motivation? http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43582 IRS - Late Filing Tax Return Penalties - Need Some Motivation? Thu, 16 Apr 2009 14:24:57 +0000 http://financefreelancelife.com/?p=1380#comment-43582 [...] What if I messed up my taxes? st_go({blog:'2565945',v:'ext',post:'3981'}); var load_cmc = function(){linktracker_init(2565945,3981,2);}; if ( typeof addLoadEvent != 'undefined' ) addLoadEvent(load_cmc); else load_cmc(); var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E")); try { var pageTracker = _gat._getTracker("UA-2740261-1"); pageTracker._trackPageview(); } catch(err) {} [...] [...] What if I messed up my taxes? st_go({blog:’2565945′,v:’ext’,post:’3981′}); var load_cmc = function(){linktracker_init(2565945,3981,2);}; if ( typeof addLoadEvent != ‘undefined’ ) addLoadEvent(load_cmc); else load_cmc(); var gaJsHost = ((“https:” == document.location.protocol) ? “https://ssl.” : “http://www.”); document.write(unescape(“%3Cscript src=’” + gaJsHost + “google-analytics.com/ga.js’ type=’text/javascript’%3E%3C/script%3E”)); try { var pageTracker = _gat._getTracker(“UA-2740261-1″); pageTracker._trackPageview(); } catch(err) {} [...]

]]> By: Bible Money Matters http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43581 Bible Money Matters Thu, 16 Apr 2009 13:36:54 +0000 http://financefreelancelife.com/?p=1380#comment-43581 I always get that feeling when filing that i've forgotten something. The only time I did forget something I actually didn't figure it out, the government did. Apparently one year we forgot to pay taxes on unemployment income my wife brought in. We had to pay that back plus late fees. <abbr><em>Bible Money Matters’s last blog post: <a href="http://feedproxy.google.com/~r/BibleMoneyMatters/~3/YwzSOq_dApA/what-should-i-do-if-i-cant-pay-my-taxes-what-options-do-i-have.html" rel="nofollow">What Should I Do If I Can’t Pay My Taxes? What Options Do I Have?</a></abbr></em> I always get that feeling when filing that i’ve forgotten something. The only time I did forget something I actually didn’t figure it out, the government did. Apparently one year we forgot to pay taxes on unemployment income my wife brought in. We had to pay that back plus late fees.

Bible Money Matters’s last blog post: What Should I Do If I Can’t Pay My Taxes? What Options Do I Have?

]]> By: -> What Should I Do If I Can’t Pay My Taxes? What Options Do I Have? | Bible Money Matters http://financefreelancelife.com/2009/04/16/messed-up-taxes-amended-return/#comment-43580 -> What Should I Do If I Can’t Pay My Taxes? What Options Do I Have? | Bible Money Matters Thu, 16 Apr 2009 13:36:05 +0000 http://financefreelancelife.com/?p=1380#comment-43580 [...] Re-check your withholdings a couple times throughout the year to make sure you’re on track to not owe the IRS (or to get a huge refund). [...] [...] Re-check your withholdings a couple times throughout the year to make sure you’re on track to not owe the IRS (or to get a huge refund). [...]

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