Amending Individual Income Tax Returns: Form 1040-X
Author: Barbara Weltman
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Millions of individuals file amended returns each year. This CPE course provides you with an overview of why, when, where, and how to file an amended tax return for individuals.
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2029 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Publication Date: February 2026
Topics Covered
- Deciding whether or not to file an amended return
- Filing an amended return due to net operating loss
- Other reasons for filing an amended return
- Filing protective refund claims
- When and how to file an amended return to claim a refund
- Completing Form 1040X
- Carryback claims
- Ancillary issues for amended returns
- Processing time for an amended return
- Penalties associated with an excessive refund claim
- Refund payment options
Learning Objectives
- Identify the situations that warrant the filing of an amended return
- Recognize when an amended return should not be filed
- Recognize how to prepare and file an amended return
- Recognize differences in filing on paper or electronically
- Describe ancillary matters for amended returns
- Identify the different deadlines for filing an amended return
- Recognize when a carryback claimed on an amended return for a prior year would be impacted
- Identify how interest and penalties affect amended returns
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
