August 26, 2019
If you feel that you paid too much in taxes in the past, there are ways to correct tax errors. Whether you discover a mistake or a missed deduction, you have a remedy.
File a paper IRS Form 1040X within 3 years of the original filing date, or within 2 years from the date you paid the taxes, whichever comes later.
If you find an error that gives you a bigger refund, or a mistake that means you owe more tax, you must redo everything on the form. If other schedules or forms were involved in the error, you have to resubmit all of them. It could be worth the work if it gives you a refund.
While it may seem like a hassle, filing an amended return could put more money in your pocket from several years of returns.
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