Discussion:1040x attach amended 1040 as well?
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Discussion Forum Index --> Tax Questions --> 1040x attach amended 1040 as well?
| 1 June 2008 | |
| I apologize in advance because I know this is a really stupid question. I am filing a 1040x to amend the return of a client, and have attached the relevant amended forms. My question is whether I should also attach a new 1040, because it has (obviously) also been changed by the revision, or whether it is understood that a 1040x takes the place of form 1040.
I suspect it is the latter, but I wanted to make sure that is what others understanding is as well. Thanks in advance. | |
| 1 June 2008 | |
| I always attach the pages that have changed, both "as amended" and "as originally filed". I've had IRS reject amended returns without both. | |
Southparkcpa (talk|edits) said: | 1 June 2008 |
| I agree with Marcillo, the IRS in almost all instances will send back the 1040X if the "changed return pages is/are not attached. For example if you are adding a Capital gain transaction, I would send the new sch D and page 1040 1 and 2. Mark across them clearly, exhibit for 1040X. | |
| 1 June 2008 | |
| Send the 1040X and any changed schedules. I've never included the 1040 pp 1,2, never an problem (guess it can't hurt). Also clearly explain the changes on 1040X p2. | |
| June 1, 2008 | |
| 1040X with the new 1040 as it should have been filed, with all of the schedules that I would have filed had this been correct. So if I used a Schedule A and that wasn't changing, I'd attach it as well. | |
Stephens414 (talk|edits) said: | 1 June 2008 |
| Why would you attach a new Form 1040? The amended return Form 1040X acts as the new return. 1040X column A reports original 1040 amounts, column B the changes made to the original 1040, and column C are the amended amounts. No need to attach a "new 1040." The only attachments needed for the 1040X are for any other form or schedule additions or revisions. Any explanations for the amended return are also explained on page of 1040X. | |
| 2 June 2008 | |
| Well, I guess I don't feel bad about my confusion. It seems like opinion is divided as well.
On the one hand, it seems like the changed schedules would be sufficient, but 1040x does not contain the same level of detail as form 1040. Still, since the schedule information should carry to the proper line of 1040, it does seem like attaching a 1040 would be unnecessary. In the past I've just attached a new 1040 for the heck of it, but if other people have not had problems not attaching one, then I am leaning toward not bother with it. | |
| 2 June 2008 | |
| Then again, it's not too difficult to attach the 1040, and I suppose it can't hurt. | |
Stephens414 (talk|edits) said: | 2 June 2008 |
| Why duplicate your work by attaching a new 1040? The 1040X along with the revised forms, schedules, and explanations on page 2 are sufficient for filing an amended return. The IRS, in the 1040X instructions, does not require a new 1040 to be submitted, and there is no reason to do so. To those say it can't hurt, why confuse the IRS by filing a new 1040? It may not be difficult to attach the new 1040, but it just isn't necessary. | |
| 2 June 2008 | |
| The only times I can think of when you need to attach a 'new' 1040 is when correcting a 1040NR to 1040 (changing, not amending) and for a NOL. Otherwise 'less is more'. | |
| 2 June 2008 | |
| The only time I include a "corrected 1040" is when there are substantive changes to the 1040 that aren't reflected on a schedule or form. Alimony, misc income, part taxable IRA etc. As stated before - I mark "Reference Only Do Not Process" on each page. | |
| 3 June 2008 | |
| I've always sent anything that changed, and nearly always, the 1040 changed. Stamp it 'as amended'. | |
| June 3, 2008 | |
| Stephens414, the form states "Attach only the supporting forms and schedules for the items changed." If I'm changing the 1040, I'd say that is a support form, but of course each their own. Apparently the IRS seems to accept either without problems. | |
Death&Taxes (talk|edits) said: | 3 June 2008 |
| I take a minimalist approach: We don't attach a Schedule B to the first return unless income exceeds certain levels, and if it must be revised for one item, I list that item in the explanation and the change to the Sch B. I have never had any problem. | |
| 3 August 2008 | |
| What if it is a NOL carryback, the only form that will change as a result is the other income (loss ) line 21 on the fiorm 1040. Should I attach a "As amended 1040"?. If so, the amount of tax due/tax paid would not be really accurate if there was additional tax due when the return was filed. Any suggestions? | |
Janakpatel (talk|edits) said: | 3 August 2008 |
| NOL carryback reporting requires NOL worksheets, attached to Form 1040X or Form1045.
Line 21 in Form 1040 is used only when there is a NOL carryforward. | |
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