Amd Worksheet - Montana Individual Income Tax Amended Return Reconciliation Worksheet Page 3
Download a blank fillable Amd Worksheet - Montana Individual Income Tax Amended Return Reconciliation Worksheet in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Amd Worksheet - Montana Individual Income Tax Amended Return Reconciliation Worksheet with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3expenses and miscellaneous itemized deductions. An
the original due date of the Montana tax return to fi le
an amended return.
adjustment to income could also change the amount
of your taxable social security benefi ts or the amount
If the amended tax return involves a change to
of the partial pension and annuity income exemption
your federal taxable income, you will need to fi le an
or the standard deduction.
amended Montana tax return within 90 days, whether
you voluntarily changed your federal taxable income
If your amended tax return results in:
or if you received notifi cation of the change to your
•
an increase of tax due and payment was not
federal taxable income by the Internal Revenue
received, we will send you a statement of account
Service. If you do not notify us within 90 days of the
showing any additional tax, penalties or interest
change to your federal taxable income, we have fi ve
due. Interest and late payment penalty are
years from the date that the changes to your federal
assessed on any unpaid tax from the prescribed
tax return become fi nal to adjust your Montana tax
due date of the original tax return until the tax is
return to refl ect these same changes.
paid. See the Interest and Late Payment Penalty
Interest and Late Payment Penalty
section.
Interest is calculated from the original due date of the
•
a refund, we will mail a check to you at the
tax return being amended to the date of payment.
address you give us on your amended tax return.
Effective January 1, 2007, the annual interest rate for
Sign Your Amended Return
all unpaid individual income taxes changed from 12%
to 8%. If you do not pay the full amount due with your
Be sure to sign your amended tax return. Please
amended tax return, we will send you a statement of
provide the name and the phone number of the third
account with the penalties and interest due.
party designee we should contact if we have any
questions about your amended return.
Interest is attached to overpayments of taxes at the
same rate as charged on delinquent taxes.
Filing Your Amended Return
Interest is not paid on a refund that results from a
When fi ling your amended return, include copies of
net operating loss carryback or carryforward or a
all new schedules that you are fi ling for the fi rst time,
credit such as Form 2EC, Elderly Homeowner/Renter
and all schedules that you sent with the original fi ling,
Credit.
even if none of the amounts previously reported have
changed. While you are not required to fi le the AMD
Waiver of Late Payment Penalty
Worksheet with your amended return, including it
When you fi le an amended return that refl ects an
may help the department to better understand your
increased tax liability, you may have the late payment
amendment(s).
penalty waived if you pay the tax and applicable
Your amended tax return should not be included with
interest in full. Simply mark the “Amended Return” box
other tax returns that you are fi ling. For example,
on the tax return. By doing so, you are requesting a
if you have a loss for tax year 2012 that you are
waiver of the late payment penalty.
carrying back to 2010, do not include the amended
Where to get tax forms and instructions or if you
2010 return with your 2012 return.
need help…
Net Operating Losses (NOLs)
By Internet: Look on our website at
revenue.mt.gov under Forms &
If you are amending to carry back a net operating loss
Resources.
(NOL), please mark the “NOL” box in the upper left
hand corner of Form 2. On the 2006 Form 2, this box
By Phone:
(866) 859-2254 (Toll Free)
is located on page 3 of the return.
444-6900 (Helena Area)
You will need to include Form NOL, Montana Net
(406) 444-2830 (TDD)
Operating Loss, with your amended tax return. Failure
to include the form will delay the processing of your
By Mail:
Montana Department of Revenue
amended return.
PO Box 5805
Helena, MT 59604-5805
Statute of Limitations
If you determine that your Montana tax return was
incorrect but the changes do not result in a change to
your federal taxable income, you have fi ve years from
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial