Discussion:Question on Amended Return
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| 30 May 2006 | |
| When filing an amended return, do we need to send a copy of the original return, or assume the IRS has everything in their files? Also, someone else prepared the first return and it has a schedule C. When I get the P/L for the year, the numbers don't jive with what was previously reported. Do I adjust the Schedule C, also? I was filing the amended return because the husband had wages, but never received a W-2 from the previous employer who is defunct. We put together a form 4852 for his wages. | |
| 30 May 2006 | |
| The amended return should include all froms/schedules that have been revised; a copy of the original is not required. | |
| 30 May 2006 | |
| You probably have to input the original return to make it match exactly what was filed. This may include overrides just to make the numbers match. Then when you prepare the amendment you can also cancels to overrides to make the numbers flow properly. | |
| 7 May 2008 | |
| When I send in an amended 1040X I also send the amended 1040 return as it should have been filed in the first place. I'm curious what others do in order to identify it as an amended return in case it ends up separated from the 1040X. Do you stamp it or mark in on the form in any way which indicates that it is an amended return? | |
| 7 May 2008 | |
| I include a copy of any form that changes in any way, original and amended. Close to what Cindylee does. I attach them in order behind the 1040X. For instance if Schedule A changes, I put the original first and mark it "original", and the amended copy right behind it, marked "amended". I have had good luck with this approach. Remember, there is no law requiring the IRS to process an amended return, none, they just do it out of the goodness of there hearts. Anything you can do to make it simple and efficient is in your favor. | |
| 7 May 2008 | |
| I've always done it as Lancer says. I write "As Originally Filed" and "As Amended" at the top of each form that changes and attach it to the 1040X or 540X. | |
Death&Taxes (talk|edits) said: | 7 May 2008 |
| And I have always taken a minimalist approach: only attach the schedules which change. I have had one audit of a 1040X in 30 years, and that for a $161,000 Golden Parachute tax refund. What made that audit ironic was that it took place August 10, 1992 and the client had dropped dead on the golf course on August 5th. | |
| 7 May 2008 | |
| I do what DT does. Only send in forms that change.
While you may think sending in the original information is helpful, how helpful is it to us when clients bring in all sorts of extraneous information? Not very, right? We have to sift through it and discard the items not needed. I figure that would be the same way with the IRS reviewers. | |
| 7 May 2008 | |
| BUT, don't forget that the blankity blank state also has to be amended and usually wants a copy of the federal amended return or statement from the IRS that says the amended was accepted. Too much experience!! | |
| 7 May 2008 | |
| That's a different subject. lol. Discussion was federal. I just attach a complete copy of what I gave to the feds to the state. | |
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