How to Correct Tax Mistakes

Reported 2 days ago

Filing taxes can be tricky, and mistakes like math errors or incorrect filing status can occur. If you realize you've made an error on your tax return, it's essential to act quickly to minimize potential penalties. You can amend your tax return using Form 1040-X, pay any additional taxes owed, or seek assistance from a tax professional. Understanding your options and taking timely action can help resolve issues effectively and maintain your financial stability.

Source: YAHOO

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