Instructions For Form 1040x - Amended U.s. Individual Income Tax Return - 2007 Page 5
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7IF you are
for Federal Tax Paid on Fuels, and Form 8885, Health
THEN enter on Form 1040X,
amending AND your filing
Coverage Tax Credit. Instead, use line 15 for these credits.
your...
status is...
line 2...
line 4...
To find the corresponding lines on the return you are
2006
Single
$ 5,150
$3,300
amending, use the chart on page 7 for the appropriate year.
return
Married filing jointly
10,300
6,600
Line 9
2005
Single
$ 5,000
$3,200
Include other taxes such as:
return
Married filing jointly
10,000
6,400
•
Self-employment tax.
•
2004
Single
$4,850
$3,100
Additional tax on IRAs, other qualified retirement plans,
return
Married filing jointly
9,700
6,200
etc.
•
Advance earned income credit payments.
2003
Single
$4,750
$3,050
•
Recapture taxes (for example, recapture of investment
return
Married filing jointly
9,500
6,100
credit or low-income housing credit).
•
Tax from Form 4970, Tax on Accumulation Distribution of
Trusts.
Line 5
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Household employment taxes. If you are changing these
The amount in any column of line 5 may be negative.
taxes, attach Schedule H (Form 1040) and enter in Part II of
Form 1040X the date the error was discovered. If you are
Example. Margaret Coffey showed $0 taxable income on
changing the wages paid to an employee for whom you filed
her original return, even though she actually had a loss of
Form W-2, you must also file Form W-2c, Corrected Wage
$1,000. She later discovered she had additional income of
and Tax Statement, and Form W-3c, Transmittal of
$2,000. Her Form 1040X, line 5, would show ($1,000) in
Corrected Wage and Tax Statements.
column A, $2,000 in column B, and $1,000 in column C. If
she failed to take into account the loss she actually had on
To find the corresponding lines on the return you are
her original return, she would report $2,000 in column C and
amending, use the chart on page 7 for the appropriate year.
possibly overstate her tax liability.
Payments
Tax Liability
Lines 11 Through 16
Line 6
To find the corresponding lines on the return you are
Enter your income tax before subtracting any credits. Figure
amending, use the chart on page 7 for the appropriate year.
the tax on the taxable income reported on line 5, column C.
Line 11. If you are changing these amounts, attach to the
Attach the appropriate schedule or form(s). Include on line 6
front of Form 1040X a copy of all additional or corrected
any additional taxes from Form 4972, Tax on Lump-Sum
Forms W-2 or 1099-R you received after you filed your
Distributions, and any recapture of education credits. Also
original return. Enter in column B any additional amounts
include on line 6 any alternative minimum tax.
shown on these forms as Federal income tax withheld.
Indicate the method you used to figure the tax shown in
Line 12. Enter the estimated tax payments you claimed on
column C. For example:
your original return. If you filed Form 1040-C, U.S. Departing
Alien Income Tax Return, include the amount you paid as
THEN enter on Form
the balance due with that return.
IF you used...
1040X, line 6...
Line 13. If you are amending your return to claim the
The Tax Tables
Table
earned income credit (EIC) and you have a qualifying child,
attach Schedule EIC (Form 1040A or 1040).
The Tax Rate Schedules (for 2003)
TRS
If your EIC was reduced or disallowed for a tax year
The Tax Computation Worksheet
!
(for 2004 – 2006)
TCW
after 1996, see the Instructions for Form 8862,
Information To Claim Earned Income Credit After
CAUTION
Schedule D (Form 1040)
Sch. D
Disallowance, to find out if you must also file that form to
claim the credit.
Schedule J (Form 1040)
Sch. J
Line 14. If you are amending your return to claim the
The Capital Gain Tax Worksheet
CGTW
additional child tax credit, attach Form 8812.
The Qualified Dividends and Capital Gain
Line 15. If you are amending your return to claim a credit
Tax Worksheet
QDCGTW
on this line, attach Form 2439 (Copy B), Form 4136, Form
The Foreign Earned Income Tax
8885, or Form 8913, if required.
Worksheet
FEITW
Note. The credit for federal telephone excise tax paid
applies only to 2006.
Line 7
Line 16. Enter any amount paid with Forms 4868 or 2350
Enter your total credits, such as:
(or Form 2688 for years 2004 or earlier). Also include any
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Credit for child and dependent care expenses.
amount paid with a credit card used to get an extension of
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Credit for the elderly or the disabled.
time to file. But do not include the convenience fee you were
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Education credits.
charged. Also include any amount paid by electronic funds
•
Retirement savings contributions credit.
withdrawal.
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Child tax credit.
•
Line 17.
Adoption credit.
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Credit for prior year minimum tax.
Enter the amount of tax you paid from the “Amount you owe”
Do not include the federal telephone excise tax credit or
line on your original return. Also, include any additional tax
credits from Form 2439, Notice to Shareholder of
payments made after it was filed. Do not include payments
Undistributed Long-Term Capital Gains, Form 4136, Credit
of interest or penalties.
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