Originally Posted by
Check Essential
I've never filed an amended return. I have no idea how it will work.Hopefully they will just create a special form for us and we won't have to go back and redo the whole tax return. Yikes!
I can't even remember what year we got that notes and claims money. 2007 maybe?
You just have to file a 1040X for the year you are amending. It is really a very simple form if you have your 1040 form for that year. Should take about 10 minutes to fill out and mail if you have the old 1040. You don't have to redo the entire return to amend that year.
The IRS could very well create a simpler form for the process, but I doubt they will do it because of the relatively few people who will be effected by the change. If you didn't put the claims money in an IRA when you got it, you may have to fill out an 8880 form along with the 1040X. Still a very simple process.