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 it 40x 2019

It 40x 2019-2025 Form

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Video instructions and help with filling out and completing It 40x Form

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Instructions and help about in state tax form it 40x

in this video we'll be going over IRS form 1040x amended us individual income tax return uh so each year the IRS uh reports that about 3 million uh taxpayers will file an amended tax return each year uh so that's about probably one to two% of uh individual tax returns that are filed they can be filed for any number of reasons usually it's because a tax form came in after the taxpayer uh already filed his or her tax return that's usually one of the more common ones uh if it's a simple math or a clerical error uh usually what will happen is the IRS will um make that adjustment when reviewing your tax return and uh send you a notice that adjusts the amount of your refund or the amount of tax that you owe uh so we're going to in this situation go through your an amended tax return for John do and his wife uh and we'll walk through each of these things line by line but in this particular scenario uh they decided to they they reported a

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