Forms 1040X and AR1000A
I admit it. I messed up.
Last night, I used H&R Block's Tax Cut to e-File my federal and my state income taxes. After I hit "Send" to e-File them, I was gathering up my forms to put them in my file cabinet. As I was doing this, I discovered a form that I had not noticed before. 1099-B. Hmmm, sounds important. So, I opened TaxCut back up and searched for the 1099-B page and filled out the information. Turns out, this form tells about the capital losses we had when we sold some stock early in 2004. I was very happy when my total refund increased by about $200! But, since I had already submitted my filing, I couldn't un-file it. So, I'm going to fill out the amended forms for the federal and for the state income taxes. I would be amending it no matter what (Rom 13:1), but since I'm going to get MORE money back, I'm especially motivated to do it.
Quote:
"A simpler tax code would reduce the considerable resources devoted to complying with current tax laws, and the freed up resources could be used for more productive purposes." - Alan Greenspan
Last night, I used H&R Block's Tax Cut to e-File my federal and my state income taxes. After I hit "Send" to e-File them, I was gathering up my forms to put them in my file cabinet. As I was doing this, I discovered a form that I had not noticed before. 1099-B. Hmmm, sounds important. So, I opened TaxCut back up and searched for the 1099-B page and filled out the information. Turns out, this form tells about the capital losses we had when we sold some stock early in 2004. I was very happy when my total refund increased by about $200! But, since I had already submitted my filing, I couldn't un-file it. So, I'm going to fill out the amended forms for the federal and for the state income taxes. I would be amending it no matter what (Rom 13:1), but since I'm going to get MORE money back, I'm especially motivated to do it.
Quote:
"A simpler tax code would reduce the considerable resources devoted to complying with current tax laws, and the freed up resources could be used for more productive purposes." - Alan Greenspan

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