See what you can learn on the go with the new Howcast App for iPhone and iPad: http://bit.ly/11ZmFOu Watch more How to Do Your Taxes videos: http://www.howcast.com/guides/44-How-to-Do-Your-Taxes Subscribe to Howcast's YouTube Channel - http://bit.ly/uLaHRS Whether you missed a deduction or forgot to claim income, the IRS has a way for you to make changes. Howcast uploads the highest quality how-to videos daily! Be sure to check out our playlists for guides that interest you: http://bit.ly/ytmainplaylists Subscribe to Howcast's other YouTube Channels: Howcast Dance & Entertainment Channel - http://bit.ly/vmB86i Howcast Family Channel - http://bit.ly/16dz9oH Howcast Food & Drink Channel - http://bit.ly/umBoJX Howcast Personal Care & Style Channel - http://bit.ly/vbbNt3 Howcast Sports & Fitness Channel - http://bit.ly/vKjUjm Howcast Tech Channel - http://bit.ly/rx9FwR Howcast Video Games Channel - http://bit.ly/tYKKrk Howcast empowers people with engaging, useful how-to information wherever, whenever they need to know how. Emphasizing high-quality instructional videos, Howcast brings you experts who provide accurate information in easy-to-follow tutorials on everything from makeup, hairstyling, nail art design, and soccer to parkour, skateboarding, dancing, kissing, and much, much more. Step 1: Determine the year Determine when you made the error on your taxes. File an amended return that will give you a refund within three years. If you owe, file within one year to avoid penalties. Step 2: Get Form 1040X and additional documentation Get the most recent version of Form 1040X from irs.gov. Gather any additional documentation to support your changes, like receipts and W-2 forms. Tip Check with your state tax agency for their rules and forms for amending a state return. Step 3: Complete Form 1040X Complete the 1040X, including information from your original tax return and an explanation for each change you are making. Tip Plan ahead. The IRS estimates that it will take most people three and a half hours to complete the paperwork for amending a return. Step 4: Attach supporting documentation Attach any supporting documentation you have to the 1040X form. Write your name and social security number on the top of each attachment. Step 5: Mail materials to the IRS Mail all of your documents to your IRS regional service center, including a check if you owe additional taxes. Step 6: Wait 8 - 12 weeks for processing Wait eight to 12 weeks for the IRS to process your amended return and send you any refund you are due. Did You Know? Did you know? In 1862, President Lincoln and Congress created the first United States income tax to help pay for expenses during the Civil War.

• published: 09 Sep 2013
• views: 209