An amended return is a form filed to correct a previous year’s tax return.
Form 1040-X, available on the IRS website, is an amended filing form.
Changes in filing status, changes in the number of dependents claimed, incorrectly claimed tax credits and deductions, and incorrectly reported income are reasons why individual taxpayers file an amended return.
There is a three-year statute of limitations for issuing tax refund checks.
The Electronic Federal Tax Payment System (EFTPS) is a 24/7 service provided by the US Department of the Treasury that allows taxpayers to make tax payments over the phone or the Internet.
Form 1095-B: Health insurance contains health insurance information for taxpayers, their spouses, and dependents if they are enrolled through an insurance company.
Form 1099-R is used to report distributions of annuities, income distribution plans, retirement plans, retirement accounts, insurance contracts, or pensions.
Form 2439 is an IRS form that regulated investment companies (RICs)—mutual funds and exchange-traded funds—and real estate investment trusts (REITs) are required to circulate to shareholders to report unallocated long-term capital gains.