When it comes to tax return, there are people that are wondering if they can really amend their return and make some changes without getting penalized. The good news is that it is possible to amend some changes to your return, but then you need to make sure that you are doing it correctly. This is the only way that you can make sure that you aren’t going to get penalized:
Doing it before the deadline
When you realize that you have made a mistake on your tax return file, and you want to make changes to it, you need to make sure that you are doing it before the deadline and before your tax refund is paid out to you.
Otherwise, you might need to pay the money that you received too much back to the IRS. The … [Read the rest]