Where do I find corrected fed tax in

Forum|Forum|5 years ago
September 30, 2020
2 replies
21 views

im still unclear on where to find corrected fed tax inc

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DoninGA

Level 15

Please explain in detail exactly what you are looking for on a federal tax return.

SteamTrain

Level 15

Guessing....you are looking for your Federal Taxable Income on your 2019 tax return.

1) If you have not filed anything yet: and have now made some changes, the Federal taxable income is reported on line 11b of your 2019 form 1040.

2) IF you have filed already earlier in the year, but are now amending your tax return: then , after you have made those additions or deletions to the original data, look on on the form 1040X :

line 5 Column A is your original Federal taxable income

line 5 Column B is the net change to the Federal taxable income

line 5 Column C is your new Federal taxable income

_________________________

Note that the Federal taxable income is the value After all the various deductions have been applied to your total income reported as AGI (Adjusted Gross Income)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*