Anonymous wrote:Anonymous wrote:
You're still wrong no matter how many times you say it.
it is a common practice that any CPA would confirm. just because you have not heard about it, does not make it wrong. It is often applied when there is significant overpayment. A "quick" tax return is filed in January to obtain the refund and a another one is filed prior to the original due date of teh return. The first return is considered superseeded.
Anonymous wrote:
You're still wrong no matter how many times you say it.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You don't need to amend I.e file form 1040x. You can file another form 1040 which will supersede the first return you filed. This is because the second return is filed before the due date of the tax return I.e. April 15th.
Source for this? I thought it was the 1040x.
amended return needs to be filled only if the form is filed past the original due date of the return.
This is not true. You need an amended return. That goes for the state as well.
Well, I am going to say it one more time, if the revised return is filed before April 15, the original return is treated as superseded by the IRS. same goes for corporate taxpayers who file before March 15. If a revised return is filed after the original date of the return, then the form for amended return needs t be used, I.e. 1040X or 1120 X. If the OP waits to file an amended return after April 15, and pay the additional tax due at that time, interest and penalties will apply.
Since OP e-filed with Turbotax, I don't think he will be able to e-file the second form. I recommend paper filing and attaching a statement to the second return to explain that the original return filed on so and so date is superseded and that the second return is filed to reflect change in taxable income due to XYZ.....
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:You don't need to amend I.e file form 1040x. You can file another form 1040 which will supersede the first return you filed. This is because the second return is filed before the due date of the tax return I.e. April 15th.
Source for this? I thought it was the 1040x.
amended return needs to be filled only if the form is filed past the original due date of the return.
This is not true. You need an amended return. That goes for the state as well.
Anonymous wrote:Anonymous wrote:Anonymous wrote:You don't need to amend I.e file form 1040x. You can file another form 1040 which will supersede the first return you filed. This is because the second return is filed before the due date of the tax return I.e. April 15th.
Source for this? I thought it was the 1040x.
amended return needs to be filled only if the form is filed past the original due date of the return.
Anonymous wrote:Anonymous wrote:You don't need to amend I.e file form 1040x. You can file another form 1040 which will supersede the first return you filed. This is because the second return is filed before the due date of the tax return I.e. April 15th.
Source for this? I thought it was the 1040x.
Anonymous wrote:You don't need to amend I.e file form 1040x. You can file another form 1040 which will supersede the first return you filed. This is because the second return is filed before the due date of the tax return I.e. April 15th.