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mike_moulder
October 22, 2019
Question

Filed taxes however discovered some mistakes how do I correct?

  • October 22, 2019
  • 1 reply
  • 0 views

1.  I filed my 1040/982 and I incorrectly tallied up the total forgiven debt.  How do I correct this AFTER I have mailed my return in?

2. How do you determine insolvency with multiple 1099c forms with different identifiable event dates?

    1 reply

    Critter
    Critter
    Employee
    October 22, 2019

    1)  If you have already mailed in the return you MUST WAIT until the IRS either processes the return  OR  sends it back for correction.  

     

    If it is processed with the incorrect information you can amend the return.  

     

    2)  To deal with multiple items you must do the math yourself and use the FORMS mode in the Downloaded version to make direct line entries on the form 982.  

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