Monday, July 6, 2009

My tax preparer made a mistake on my tax return, what should I do?

It depends. Did you sign and mail the tax return?

If so, the error is yours and you will be held responsible should the IRS ask questions.

You can file a 1040 X to correct the error. (Amended U.S. Individual Income Tax Return) Allow the IRS 8 to 12 weeks to process the Form 1040 X

At the bottom of the 1040 X http://www.irs.gov/pub/irs-pdf/f1040x.pdf in Part II, there is a place to explain why you are making the changes on your tax return.

Should you need help with this issue, visit, http://taxeswilltravel.com/pdr.htm
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