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What happens if tax laws change after i file?

Forum|Forum|7 years ago
June 6, 2019
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Best answer by xmasbaby0

If Congress changes anything for 2018 returns after you file, you will need to file an amended return. That actually happened last year, when they passed a law mid-tax season that extended some credits that had expired. Many people ended up needing to amend their tax returns. Another good reason not to rush to file your tax return too early.

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xmasbaby0Answer

Employee

If Congress changes anything for 2018 returns after you file, you will need to file an amended return. That actually happened last year, when they passed a law mid-tax season that extended some credits that had expired. Many people ended up needing to amend their tax returns. Another good reason not to rush to file your tax return too early.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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Anonymous

even worse for me. extended and filed on 10/15. then in December got a corrected 1099-Div. a significant amount went from being non-qualified to non-taxable.