It is not uncommon for an individual to have to amend their tax returns for whatever reason but what forms do you need to file? The federal form you need to file is the 1040X, Amended U.S. Individual Income Tax Return, and the Massachusetts form is the CA-6. This form needs to be filed within three years from the date you filed your original tax return or two years of the date you paid the tax, whichever one is later. If any forms or schedules changed as a result of your adjustments, you need to include those forms in the amended return as well.
Amended returns generally to up to 12 weeks to process but you can track the status of your return online. Go to IRS.gov and click on “Where’s My Amended Return?” and follow the steps.
Please consult your tax advisor on all the above information. “Like” us on Facebook for helpful tax updates and your chance to win gift cards to great local restaurants, www.facebook.com/veseyandcompany.
