@ahmed041 wrote:
Hi @Opus 17 : Thanks a lot for responding to my question/concern.
Paragraph 1:
1. The HR didn't adjust wages. HR confirmed that and I am also confirming you after taking a look at my 2018 W2.
Paragraph-4
2. I paid 5K after tax (from my last two pay stubs) money.
The HR basically didn't do anything. The HR in fact didn't file 941-X.
I would appreciate your feedback on how to amend the 2018 tax? After reading Pub 525, I verified the calculation and deduction is better for me. My questions are:
1. In form 1040-X, do I need to put $5K in column B for the income and deduction item 1?
2. Do I need to explain in Part III Why am I adjusting the AGI?
3. Provide supporting document (email from HR, I pasted in my earlier post and last two pay stubs showing deduction)
4. Do I need to attach or complete any other forms with this amendment?
5. Since the company didn't file 941-X, can I do anything to get back the tax I paid? any form to attach?
Thanks for your response. I appreciate your time.
Best Regards.
An amended tax return is a complete copy of your tax return with all forms and schedules, that contains the corrected information, PLUS a form 1040-X which is a cover page that summarizes the changes. You never submit the 1040-X alone.
If you used Turbotax in 2018, you would get the 2018 software and run the amending process, it will generate the tax return plus the 1040-X cover page. If you are doing it on your own, you will need to prepare a correct 2018 return, then do a side by side comparison with your original 2018 return so you can fill out the 1040-X summarizing the changes.
You do need to include a brief explanation on the 1040-X of why you are making the change, you don't send in any other documents unless the IRS sends a followup letter asking for proof.
I have seen a couple of other people talk about having their accountant file a form with the social security administration to get back the social security and Medicare tax on the repayment, but it's not a normal income tax form and I don't know any details.
