How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask TaxMomNJ Your Own Question

TaxMomNJ
TaxMomNJ, Senior Tax Advisor
Category: Tax
Satisfied Customers: 245
Experience:  7 years experience with tax preparation company, over 500 hours of tax courses taken
Type Your Tax Question Here...
TaxMomNJ is online now
A new question is answered every 9 seconds

My 1040X shows a 0 balance. Nothing due to the gov. and nothing

Customer Question

My 1040X shows a 0 balance. Nothing due to the gov. and nothing due me. Is this an audit flag?
Submitted: 5 years ago.
Category: Tax
Expert:  TaxMomNJ replied 5 years ago.
Customer

 

What did you put on your amended return that was different from your original return?

Customer: replied 5 years ago.

Additional 1099. Mileage decuction from schedule c.

 

Expert:  TaxMomNJ replied 5 years ago.
How much was the 1099 and how much were the deductions?
Customer: replied 5 years ago.

8600 1099 and 31000 sales miles driven since I am on the road all the time.

 

Expert:  TaxMomNJ replied 5 years ago.
Customer


No one is quite sure exactly what raises a red flag and what doesn't. While the IRS might not question your earnings and mileage, they may question someone else with very similar figures. Having a 0 balance due/refund on a 1040X is not particularly suspicious. People amend their returns with a 0 balance due/refund all the time. What really matters is what's changed from the original return.

 

I would, just in case, keep handy the logs that you should have kept, documenting your mileage. As long as you can provide a mileage log, showing each particular day you drove for the company and your mileage driven, you will be covering yourself from any further questioning pertaining to this 1099 and mileage expense. Also, you may be proving yourself credible for future years if you happen to have similar situations.

 

I cannot tell you I think you will be audited or I think you won't be. Audits are very random and people are audited for different types of things. Hold on to all your tax documents, receipts, log books, and you will protect yourself in the event of an audit.

 

Please let me know if you have any further questions.

TaxMomNJ, Senior Tax Advisor
Category: Tax
Satisfied Customers: 245
Experience: 7 years experience with tax preparation company, over 500 hours of tax courses taken
TaxMomNJ and 5 other Tax Specialists are ready to help you
Customer: replied 5 years ago.

Well, my mileage log are scattered and I am reconstruction them to the best of my ability due to an eviction and move. So, would an examiner slam me or disallow the deduction. The return is fairly simple with me as a sales person, deduction for 2 kids an thats it.

 

Expert:  TaxMomNJ replied 5 years ago.
If you try to recreate it as accurately as possible, they may allow it. In many cases, the IRS does not send out letters immediately. You should have time to go to the company and see if they kept a log of places they sent you to help you more accurately recreate the records.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Last | Next >
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
  • I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
  • Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
  • Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
 
 
 

Meet The Experts:

 
 
 
  • Wallstreet Esq.

    Tax Attorney

    Satisfied Customers:

    570
    10 years experience
< Last | Next >
  • http://ww2.justanswer.com/uploads/KU/KUMI95/2013-9-30_195031_kumar.64x64.jpg Wallstreet Esq.'s Avatar

    Wallstreet Esq.

    Tax Attorney

    Satisfied Customers:

    570
    10 years experience
  • http://ww2.justanswer.com/uploads/CU/Cuttinggirl/2011-10-29_03719_wcrop2.64x64.jpg Wendy Reed's Avatar

    Wendy Reed

    Enrolled Agent

    Satisfied Customers:

    3052
    15+ years tax preparation and tax advice.
  • http://ww2.justanswer.com/uploads/CATax/2009-08-04_204548_Mark.jpg Mark D's Avatar

    Mark D

    Enrolled Agent

    Satisfied Customers:

    985
    MBA, EA, Specializing in Business and Individual Tax Returns and Issues
  • http://ww2.justanswer.com/uploads/IN/insearchoftheanswer/2013-8-16_0233_attorney.64x64.jpg Richard's Avatar

    Richard

    Tax Attorney

    Satisfied Customers:

    3229
    29 years of experience as a tax, real estate, and business attorney.
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg Megan C's Avatar

    Megan C

    Certified Public Accountant (CPA)

    Satisfied Customers:

    6121
    Licensed CPA, CFE, CMA who teaches accounting courses at Master's Level
  • http://ww2.justanswer.com/uploads/JG/jgordosea/2012-6-7_43138_GordosVeritas.64x64.jpg jgordosea's Avatar

    jgordosea

    Enrolled Agent

    Satisfied Customers:

    2783
    I've prepared all types of taxes since 1987.
  • http://ww2.justanswer.com/uploads/OZ/ozaukeecpa/2012-6-7_193219_Picture1croppedandshrunk.64x64.jpg MequonCPA's Avatar

    MequonCPA

    Certified Public Accountant (CPA)

    Satisfied Customers:

    2231
    CPA, Over 30 yrs experience w/individuals and small businesses. Masters in Tax.