Instructions For Form 1040x - Amended U.s. Individual Income Tax Return

Instructions for Form 1040X

Department of the Treasury

Internal Revenue Service

(Rev. December 2010)

Amended U.S. Individual Income Tax Return

Section references are to the Internal Revenue Code unless

Contents

Page

otherwise noted.

Part II — Presidential Election Campaign Fund . . . . . . . . . . 11

Part III — Explanation of Changes . . . . . . . . . . . . . . . . . . . 11

Contents

Page

Paid Preparer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

General Instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Assembling Your Return . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Purpose of Form . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Paperwork Reduction Act Notice . . . . . . . . . . . . . . . . . . . . 12

Interest and Penalties . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Estimates of Taxpayer Burden . . . . . . . . . . . . . . . . . . . . . 12

When To File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Special Situations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Carryback claim — net operating loss (NOL) . . . . . . . . . . 3

General Instructions

Carryback claim — eligible small business credits.

. . . . . 3

Carryback claim — credits and other losses . . . . . . . . . . . 3

Form 1040X will be your new tax return, changing your original

Deceased taxpayer . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

return to include new information. The entries you make on

First-time homebuyer credit . . . . . . . . . . . . . . . . . . . . . . 3

Form 1040X under the columns headed Correct amount and

Household employment taxes . . . . . . . . . . . . . . . . . . . . 3

Correct number or amount are the entries you would have

made on your original return had it been done correctly.

Injured spouse claim . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Qualified reservist distributions . . . . . . . . . . . . . . . . . . . . 3

Many find the easiest way to figure the entries for Form

Recovery rebate credit (2008 only) . . . . . . . . . . . . . . . . . 4

1040X is to first make the changes in the margin of the

TIP

Reimbursement received for hurricane-related

return you are amending.

casualty loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Relief for homeowners with corrosive drywall. . . . . . . . . . 4

To complete Form 1040X, you will need:

•

Resident and nonresident aliens . . . . . . . . . . . . . . . . . . . 4

Form 1040X and these separate instructions;

•

A copy of the return you are amending (for example, 2008

Signing your child’s return . . . . . . . . . . . . . . . . . . . . . . . 4

Form 1040A), including supporting forms, schedules, and any

Student loan forgiveness for health care

worksheets you completed;

professionals working in underserved areas . . . . . . . . . . 4

•

Notices from the IRS on any adjustments to that return; and

Tax shelters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

•

Instructions for the return you are amending. If you don’t

Where To File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

have the instructions, you can order them by calling

Line Instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

1-800-TAX-FORM (1-800-829-3676) or find them online at

Calendar or Fiscal Year . . . . . . . . . . . . . . . . . . . . . . . . . . 5

IRS.gov. If you are amending a prior year return, click on

Name, Address, and Social Security Number (SSN) . . . . . 5

“Forms and Publications,” then “Previous years.”

Amended Return Filing Status . . . . . . . . . . . . . . . . . . . . . 5

Lines 1 Through 31 — Which Lines To Complete . . . . . . . . 5

Purpose of Form

Columns A Through C . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

Use Form 1040X to do the following.

Income and Deductions . . . . . . . . . . . . . . . . . . . . . . . . . . 6

•

Correct Forms 1040, 1040A, 1040EZ, 1040NR, or

Line 1 — Adjusted Gross Income . . . . . . . . . . . . . . . . . . . 6

1040NR-EZ.

Line 2 — Itemized Deductions or Standard

•

Make certain elections after the prescribed deadline (see

Deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Regulations sections 301.9100-1 through -3 for details).

Line 4 — Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

•

Change amounts previously adjusted by the IRS. However,

Form 1040EZ Filers — Lines 2 and 4 . . . . . . . . . . . . . . . . 7

do not include any interest or penalties on Form 1040X; they

Line 5 — Taxable Income . . . . . . . . . . . . . . . . . . . . . . . . 7

will be adjusted accordingly.

Tax Liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

•

Make a claim for a carryback due to a loss or unused credit.

Line 6 — Tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

However, you may be able to use Form 1045, Application for

Line 7 — Credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Tentative Refund, instead of Form 1040X. For more

Line 9 — Other Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

information, see Loss or credit carryback on page 2 and the

Payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

discussion on carryback claims on page 3.

Line 11 — Withholding . . . . . . . . . . . . . . . . . . . . . . . . . . 8

File a separate Form 1040X for each year you are

Line 12 — Estimated Tax Payments . . . . . . . . . . . . . . . . 9

amending. If you are changing your federal return, you also

Line 13 — Earned Income Credit (EIC) . . . . . . . . . . . . . . 9

may need to change your state return.

Line 14 — Refundable Credits . . . . . . . . . . . . . . . . . . . . . 9

Note. Allow 8 to 12 weeks for Form 1040X to be processed.

Line 15 — Amount Paid With Extension or

Tax Return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

If you file Form 1040X claiming a refund or credit for

Line 16 — Total Payments . . . . . . . . . . . . . . . . . . . . . . 10

more than the allowable amount, you may be subject to

Refund or Amount You Owe . . . . . . . . . . . . . . . . . . . . . 10

a penalty of 20% of the disallowed amount. See Penalty

CAUTION

Line 17 — Overpayment . . . . . . . . . . . . . . . . . . . . . . . . 10

for erroneous refund claim or credit on page 2.

Line 18 — Amount Available To Pay Additional Tax . . . . 10

Do not file Form 1040X if you are requesting a refund of

Line 19 — Amount You Owe . . . . . . . . . . . . . . . . . . . . . 10

penalties and interest or an addition to tax that you have

Line 21 — Overpayment Received as Refund . . . . . . . . . 10

already paid. Instead, file Form 843, Claim for Refund and

Line 22 — Overpayment Applied to Estimated Tax

. . . . 11

Request for Abatement.

Part I — Exemptions . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

Line 28 — Exemption Amount . . . . . . . . . . . . . . . . . . . . 11

Do not file Form 1040X for an injured spouse claim. Instead,

Line 29 — Additional Exemption Amount for

file Form 8379, Injured Spouse Allocation. But if you are filing

Housing Midwestern Displaced Individuals . . . . . . . . . . 11

Form 1040X to request an additional refund after filing Form

Line 31 — Dependents . . . . . . . . . . . . . . . . . . . . . . . . . 11

8379, see Injured spouse claim on page 3.

Cat. No. 11362H

Instructions For Form 1040x - Amended U.s. Individual Income Tax Return - 2010

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