how far can you go back to amend tax returns
In the United States, the Internal Revenue Service (IRS) allows taxpayers to amend their tax returns for up to three years from the original filing date or two years from the date the tax was paid, whichever is later. This is known as the statute of limitations.
Here are the general guidelines:
- Three-year rule: You can amend your tax return within three years from the original filing date. For example, if you filed your 2020 tax return on April 15, 2021, you can amend it until April 15, 2024.
- Two-year rule: If you paid tax on a return, you can amend it within two years from the date the tax was paid. This rule applies if you paid tax on an amended return or if you made a payment on an original return.
- Exceptions: There are some exceptions to these rules:
- If you filed an amended return (Form 1040X) and it was rejected, you can refile it within the original three-year or two-year period.
- If you were affected by a natural disaster or other catastrophic event, the IRS may extend the deadline for amending your return.
- If you are claiming a refund due to a change in tax law or a court decision, you may be able to amend your return beyond the three-year or two-year period.
To amend a tax return, you’ll need to file Form 1040X, which is available on the IRS website or through tax preparation software. Be sure to follow the instructions carefully and attach any required documentation to support your changes.
Keep in mind that amending a tax return can be complex, and it’s recommended that you consult with a tax professional or the IRS directly if you have questions or concerns.
