File an amended tax return

If you made a basic math error, the IRS will usually correct the error or reach out to you for more information. If you forgot a form, the IRS may add it; however, they don’t have your records, and the IRS changes are not always to your benefit. If you forgot a deduction or credit, you can only get the benefit if you file an amended return. The IRS doesn’t require you to claim a tax credit, only income (and expenses when you have self-employment or rental property). The IRS allows electronically filed amended returns. Use this option for a quicker and more accurate resolution to your amended return. You can still mail the amended return, Form 1040-X.

Here are some mistakes for which you might need to file an amended return:

• Using an incorrect or less beneficial filing status
• Not reporting all of your income
• Claiming too many, or not enough, dependents
• Not claiming all the credits and deductions you are eligible for

The IRS allows you to file an amended return for all open years. An open year usually includes the three years after the due date or filing date or two years after the taxes are paid in full, whichever is later. When a tax return is under audit, the return is considered open, and the issues under audit are eligible for amendment.

To file an amended tax return, you must use the current form 1040-X, which covers changes to the forms 1040 and 1040SR. Jackson Hewitt Tax Pros can help you file an amendment, or you can learn more about filing an amendment yourself.

Typically, it takes up to 16 weeks for the IRS to process amended returns. However, you can check the status of your amended return at Where’s My Amended Return on the IRS website.