Taxes From A To Z (2015): X Is For 1040X

It’s my annual “Taxes from A to Z” series! Next up: X Is For 1040X Mistakes happen. And sometimes, no matter how careful you are, those mistakes happen on a federal income tax return. Those mistakes – no matter how innocent or unintentional – can affect your federal income tax liability. While it’s tempting to … Read more

Ask The Taxgirl: Should Those Affected By AMT Patch File Now Or Later?

Taxpayer asks:Hi Taxgirl, I’m helping a non-profit run its VITA program this year. I just found out today that due to late passage of the AMT patch, taxpayers trying to claim ed credits won’t be able to file until the Service fixes its computers. The target date for that is Feb. 11. Do you know … Read more