The Advantages of Filing an Amended Return
It's to your advantage to amend a tax return, whether or not you owe money. If you discover you qualify for an additional tax credit, this only increases your refund. However, if you find out that you underpaid your taxes, sending in a Form 1040X will save you penalties and interest on the amount owed.
When to File Form 1040X
You do not need to file an amended tax return if you made a minor math error on your original return or if you forgot to include a form. It is part of the tax agency's responsibility to double-check the math and request a required forum if you did not send it. However, if you made incorrect entries for your filing status, number of dependents, total amount of income, and number of deductions, you should file an amendment. Let our experienced tax preparers to save you the trouble and ensure accuracy by filing this form for you.
Contact us today to file an amended tax return for you. We provide tax preparation and bookkeeping, as well as financial and accounting services for residents of Conroe, Houston, The Woodlands, Spring, Tomball, Montgomery, Magnolia and Kingwood, Texas.