When, Where and How to File Your Amended Individual Income Tax Return
Amended returns are filed by taxpayers who need to change their original return. For tax year 2016, you no longer use a separate tax form (Form D-400X) to amend your original return. All changes will be made on Form D-400. For further information, see Page 18, instructions for Filing 2016 Amended Returns in the North Carolina Individual Income Tax Instructions (Form D-401). An amended return is necessary if you overstated or understated your income, deductions, payments, or tax credits, or changed your filing status. Once you file a joint return, you cannot choose to file separate returns for that year after the due date of the return. By filing an amended return you are correcting your tax records. Your amended return may result in either a refund or additional tax. You must pay any additional tax with the amended return.
For tax year 2016, you must use Form D-400 to amend your original North Carolina individual income tax return. You must fill in the circle on Form D-400 indicating Amended Return, complete and attach Form D-400 Schedule AM, 2016 North Carolina Amended Schedule, to the front of Form D-400 and attach all required schedules and supporting forms. Note: You no longer use a separate tax form (Form D-400X).
Your amended refund return must normally be filed within 3 years of the date the original return was due, including any approved extensions, or within 2 years after the tax was paid, whichever is later. If you need to amend your return because of federal determinations, worthless debts or securities, capital loss carrybacks, net operating loss carrybacks, or certain events, you have even more time to make these changes. If a taxpayer files a timely return reflecting a federal determination, the period of time for requesting a refund is one year after the return reflecting the federal determination is filed or three years after the original return was filed or due to be filed, whichever is later. You must file the amended return within 7 years from the date the original return was due to receive a refund resulting from worthless debts or securities. You must amend your return due to capital loss or net operating loss carrybacks within 3 years from the due date of the return for the year in which the loss was incurred. If an individual is subject to a contingent event or an event or condition other than a contingent event and files notice with the Secretary of Revenue, the period to request a refund of an overpayment is six months after the event concludes. For additional information, Exception to the General Statute of Limitations for Certain Events.
Your amended tax due return must be filed with payment of the additional balance due within 3 years after the date your original return was filed or within 3 years from the date required by law for filing the return, whichever is later. The due date required by law for most taxpayers is April 15th.
If the IRS changes your federal return, you must amend your State return within 6 months from the date the federal report is received. If you do not amend your State return to reflect the federal changes and the Department of Revenue receives the report from the IRS, an assessment may be made by the Department within 3 years from the date the Department received the report, and you forfeit your right to any refund which might have been due by reason of the changes.
You can obtain an amended return or Form D400 Schedule AM online, by mail, by calling toll-free at 1-877-252-3052, or by visiting one of our service centers. Mail the completed form to the North Carolina Department of Revenue, PO Box 25000, Raleigh, NC 27640-0640.
Be sure to include a copy of your Federal Form 1040X if you were also required to amend your federal return. Please attach any schedules necessary to support your changes. This would include the following items: a copy of a federal audit report, W-2s and 1099s to verify a change in income tax withheld, NC K-1 to verify tax payments made by a pass-through entity, or Federal Form 1045, including Schedule A and B, if amending as a result of a net operating loss.
what's an amended return
If you made a mistake on a prior-year tax return, an amended return is the way to set things right. Arithmetic errors, missing information, and oversights are all fairly common, and generally there's no reason to fear filing an amended return - whether you owe money to the IRS or vice versa.
Certain special situations can also trigger amended returns. For example, if you suffer a casualty loss in a presidentially-declared disaster, you may deduct the loss on your tax return for the year of the disaster, or you may amend the prior-year return and deduct the loss in that year. The best strategy depends on your tax bracket for both years, plus other factors such as the amount of your loss and whether it occurred early or late in the year.
An amended return can help ease the sting of certain business and worthless security losses. You also may benefit from an amended return if there's a retroactive change in the tax law as a result of new legislation or a favorable court ruling.
Form 1040X ("Amended U.S. Individual Income Tax Return") is the IRS form designed for amended filings.
Generally, you have three years from the time your return was filed or two years from the time the tax was paid, whichever is later, to file an amended return.
Be sure the changes you want to make are valid. The tax laws have changed frequently over the past several years. What was deductible one year might not be deductible the very next year, and the list of items includable in taxable income has also changed from year to year.
Also, although filing an amended return is not necessarily a red flag for an audit, some changes are looked at more closely than others. For example, claiming additional travel and entertainment expenses on an amended return may be risky.
If you have omitted income from your return, you should file a 1040X as soon as you become aware of the omission. You may owe additional taxes, interest, and perhaps penalties. The proper presentation of previously omitted items is crucial and is best left to a professional.
Regardless of the reason for the amended return, be sure to keep good records to substantiate the reasons for the change.
If, as a result of the changes, the IRS owes you, you will receive a refund with interest. If you owe the IRS, payment should be made with the 1040X. The IRS will bill you for any additional interest.
Oops! There’s a Mistake in My Taxes, How Do I Fix It? Amended Returns
When you have a tax “oops” you fix it by filing an Amended Tax Return, form 1040X.
Mistakes happen. You file your return and later get a W2 in the mail for a job you had forgotten about. Maybe your investment firm sent you an amended 1099 because your interest income they reported was wrong. Or maybe you were talking to a friend and learned about a deduction that you should have been claiming for the past three years and you’d like a refund. What do you do?
It’s easy, you need to file an amended return, the form is called a 1040X and you can find it on the IRS website: http://www.irs.gov/pub/irs-pdf/f1040x.pdf.
An amended return can’t be filed electronically like a regular return. You must mail it in and it’s going to take about 12 weeks to process. That’s a bummer if you’re expecting a refund, but that’s the way it works. If your regular return had a refund, make sure you wait until you’ve received the first refund before you file the amended return. (If they start processing the amended return before your original refund gets paid, it can mess up you getting the original refund. You don’t want that to happen now do you?)
If you have more than one tax return that needs to be amended, you must file separate returns for each year and mail them in separate envelopes. For example, say you found out that you had missed a $1000 deduction on your Schedule A every year and you’re in the 25% tax bracket. You can’t just put $3000 on this year’s return for a $750 refund. You’ll have to amend 2010, 2009, and 2008 separately and you’ll receive three checks for $250 each. It’s too late now to claim a refund that should have gone on 2007.
When you amend your tax return, you’ll have to send in the schedules of anything that changed. In the example above, the thing that changed was on the schedule A, so that form would also have to be attached. Don’t attach any forms that didn’t change. Warning: for many folks, a change in one part of your tax return can cause a change somewhere else-most notably on your schedule A. Before you actually mail anything in, go over it carefully to see if you have any unexpected changes.
When you file a 1040X, make sure you check the box for the tax year that you’re amending. That’s a pretty common mistake. The IRS can’t process the return if they don’t know what year it’s for.
When not to file an amended return: You don’t need to file an amended return for a basic math mistake. The IRS will automatically fix that for you. You also don’t need to file an amended return if your original was missing a schedule. That’s where you get a letter from the IRS saying that you claimed something on your return but that you’re missing the supporting documents. A common example of that would be a capital gain of $2000 on your return, but there’s no schedule D to back it up. You don’t need to amend the return, just mail them the schedule D. The IRS will ask you for whatever schedule they’re looking for, you won’t have to guess at what’s missing.
I’ve talked a lot about filing an amended return because of a refund. Sometimes when you file an amended return you’re going to owe. If you have a balance due, mail the payment check with your 1040X. The IRS will probably send you a bill for interest and maybe even penalties depending upon how much you owed. Be prepared for that.
Often times, people are thinking about filing amended returns because they received an IRS letter. Sometimes, you don’t need to amend, just pay the tax. Sometimes, you really need to amend because you shouldn’t have to pay the tax but you need to submit more information. Sometimes, you don’t need to amend and you don’t need to pay the tax—the IRS made a mistake and they just need to have it pointed out to them. Before you start writing that check, get a professional opinion–you want to pay your fair share, not more than you owe.
How do I resubmit a return or file an amended return?
If, after making a successful submission, you need to make changes and file an amended return, follow these steps:
- Make your corrections.
- Click on Check & Finish.
- Check and review your return and click on File online .
- On the File by internet results you should have the following text:
Successful response from HMRC at Date Time
HMRC has received the .
IR mark was: XXXXXXXXXXXXXXXX
- Click on Re-submit to return to the File Return screen.
- Tick the box Amended and click on Submit to send the amended return.
To file 'Live', you should untick 'Test'
The process will run the same as when you filed your original return.
You can currently file up to nine amended returns online but all amendments must be made within one year of the submissions deadline. This means that for the 2014–15 tax return, amendments must be made by 31 January 2017.
You can find further information in our knowledge base article What's the deadline for my self-assessment tax return?
Note: HMRC will not accept amended returns online for the 2012–13 tax year and any prior years. If you need to amend returns for these years, you will have to send a paper copy with a covering letter.
what's an amended return
Amended Return is the process through which Taxpayer or Agent can request for the change in the information on the already filed return.
The Taxpayer/Authorized Agent or the Intermediary Agent (Further referred as Return Filer) is required to login to the KRA Portal using credentials i.e. Login ID and password (electronic signature).
The return filer has to download the e-form by selecting the Tax Obligation and period for which the return is to be filed. Form will show the details which was filed at the time of original return. If the Agent want to amend the taxpayer return details then agent will have to first select the Taxpayer and then proceed further.
The return filer amend the downloaded e-form and validates the same offline (in Excel or ODS) for resolving the data errors and generates an uploadable file.
On filing of the amended return, System will check for the business validations. If the validations are passed successfully, the return will be considered as acknowledged and if the validations fail, the error message will be displayed to the filer of the return.
If the original tax liability decreases then task for approval gets created in ITMS and gets assigned to the Supervisor and for the other cases the amended return will approved and the data will be updated in to the system.
As an outcome of the successful upload of the return, the Taxpayer will get the acknowledgment receipt and an e-mail notification along with acknowledgement receipt as an attachment will be sent to the Taxpayer for the return. The same can be printed as proof of the tax return submission.
1. Login into system with PIN.
2. Click on File Amended Return under the Declaration tab link from menu for opening Amended Return filing form.
1. For Taxpayer login Select Type field will be disable with default value Self and for the Agent or IA login value will be enable. Select value from list. Select Self for filing self amended return and select Client for filing the client amended return.
2. For Taxpayer login Taxpayer PIN field will be read only with default Taxpayer PIN value. For Agent or IA login if the value for Select Type will Self then field will read only with the logged in Taxpayer PIN value while in case of Client filed will be enterable. Enter the correct PIN of client for whom agent want to file amended return.
3. Select Tax Obligation value from dropdown. Dropdown will show the list of registered obligation for the PIN entered in to the Taxpayer PIN value.
4. Click on Next button to navigate to next page.
5. Click on Back button to navigate to Home Page.
1. Fill basic Return information.
2. Click on Download button to download filled Excel/ODS.
3. Make the required changes in the sheet and generate unloadable sheet.
1. Fill basic Return information and browse uploadable sheet.
2. Click on Submit button to submit amended return data.
1. System will check for the business validation. IF any validation fails then system will shows the File Section and Error Description.
2. Click on Back button to navigate to amended return filing page.
1. Click on Download Returns Receipt to download generated acknowledgement receipt.
2. Click on Click here For Payment button to navigate to payment screen.
3. Click on Back button to navigate to return obligation selection page.