Amending Form 1040: Filing 1040X (Currently Unavailable)
Author: Barbara Weltman, Sidney Kess
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
The IRS estimates that more than 3 million amended returns are filed each year by individuals. This CPE course provides you with an overview of why, when, where, and how to file an amended tax return for individuals.
Publication Date: March 2022
Designed For
CPAs, Enrolled Agents, Tax Return Preparers, and Tax Attorneys.
Topics Covered
- When to File or Not File an Amended Return
- How to File an Amended Return
- Ancillary Issues for Amended Returns
Learning Objectives
- Identify the situations that warrant the filing of an amended return
- Recognize how to prepare and file an amended return
- Describe ancillary matters for amended returns
- Recognize within how many years the CARES Act allowed individuals to take qualified Coronavirus distributions and recontribute them
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
