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Tax Law : Federal, State and Local Income Taxes, Sales Taxes, etc. For Estate, Gift and Inheritance Taxes, Please Post Under Will, Trusts & Estate Planning
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Old 01-08-2005, 06:36 PM
Junior Member
  
Join Date: Jan 2005
Posts: 11

adjust taxes

What is the name of your state?virginia
If you realize you should have added income for a previous tax that you didn\'t, can you file an ammendment to your tax return to clear up the non-reporting of that income and not have a problem with irs. (ammend before they contact you) or are you still in trouble.
Thanks
  #2  
Old 01-08-2005, 08:25 PM
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Join Date: Aug 2002
Location: Washington
Posts: 3,484
Absolutely. File form 1040X. I recommend hiring a pro, as the 1040X is not a friendly form.
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