It depends.You must enter the qualified charitable contribution onSchedule A of 1040. If qualified to itemize deduction, you willbe able to deduct the full amou...
Yes.The IRS have backlog of income tax returns to be processed due to formsneededto be updated and/or processing of stimulus payments. The IRS issues more than ...
It depends.You may repay all or part of the corona virus-related distribution to an eligible retirement planover a 3 year (2020, 2021, & 2022)period after the d...
Yes.If you didn't claim the credit on your original tax return, you will need to file anAmended U.S. Individual Income Tax Return, Form 1040-X. The IRS will not...
It depends. If your income tax return has been electronically acceptedand the change will result in a decrease/increase intax, you may need to amend (1040X)your...