Finance

Have finance questions? Ask a financial expert online.

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

I amended my 2014 personal taxes with a 1040x. The IRS sent…

I amended my 2014...

I amended my 2014 personal taxes with a 1040x. The IRS sent it back saying we did not claim $2800. How do I amend a 1040x? On the NEW 1040x form do I use the Column C "Correct amount" from the first 1040x or do I basically redo the 1040x with the new amount?

Show More
Show Less
Ask Your Own Finance Question
Answered in 8 minutes by:
3/22/2018
bkb1956
bkb1956, Finance Enthusiast
Category: Finance
Satisfied Customers: 6,379
Experience: IRS Enrolled Agent, 20+ years of experience in tax preparation with associated finance experience.
Verified

Welcome to Just Answer. My name is ***** ***** I will be happy to assist you.

If you recently amended your 2014 tax return, you should wait until the first amendment is processed and accepted by the IRS before sending in the second one, just to make sure they are processed in the proper order.

To complete the second amendment, you will use the changes from the first amended return (Column C "correct amount).

Please let me know if I can assist you further.

Thank you and best regards,

Barb

Ask Your Own Finance Question
Customer reply replied 3 months ago
Perfect answer! Thank you!!!

My pleasure!

My goal is to provide you with excellent service. Please take a moment to rate my answer with a 5-star rating to let me know that I have achieved my goal.

bkb1956
bkb1956, Finance Enthusiast
Category: Finance
Satisfied Customers: 6,379
Experience: IRS Enrolled Agent, 20+ years of experience in tax preparation with associated finance experience.
Verified
bkb1956 and 87 other Finance Specialists are ready to help you
Ask your own question now

Thank you for the positive rating of my answer. It is very much appreciated.

Have a great day!

Ask Your Own Finance Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a financial professionalLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask bkb1956 Your Own Question
bkb1956
bkb1956
bkb1956, Finance Enthusiast
Category: Finance
Satisfied Customers: 6,379
6,379 Satisfied Customers
Experience: IRS Enrolled Agent, 20+ years of experience in tax preparation with associated finance experience.

bkb1956 is online now

A new question is answered every 9 seconds

How JustAnswer works:

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

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.WMatteson, 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.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, 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.

OrvilleHesperia, 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!!!!

AlexLos 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.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,609 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,222 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,933 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Eric

Eric

Financial Manager

559 satisfied customers

Loan servicing, counseling and real estate expert. Foreclosure Expert and Financial Planner.

R. Klein, EA

R. Klein, EA

Accountant

480 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

332 satisfied customers

NASD Licensed Rep, 1997-2001, Business Attorney

< Previous | Next >

Related Finance Questions
This is my first year doing a home business MLM and
This is my first year doing a home business MLM and receiving a 1099. We filed our taxes last week and I was so completely unprepared. My fault, but learned a lot so I went back through my desk and ba… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Lane, I have a client that filed a 2014 federal and
Good afternoon Lane, I have a client that filed a 2014 federal and California tax return, the client is a single member LLC member which did not indicate that on the schedule C nor prepared California… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Lynn, I have a client that prepared his 2016 tax return.
Good evening Lynn, I have a client that prepared his 2016 tax return. Later on IRS sent him a letter that he needs to provide the figures from 1095A on the forms 8962. Originally he did not provide th… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
I need to file a 2015 Amended Tax Return 1040X to correct
I need to file a 2015 Amended Tax Return 1040X to correct errors in the previously timely filed 2015 1040 Tax Return. It will result in a small refund. Do I need to redo the 2015 1040 Tax Return with … read more
TaxRobin
TaxRobin
Vocational, Technical or Trade School
1 satisfied customers
I am looking for someone experienced in completing Form 1045
I am looking for someone experienced in completing Form 1045 Schedule A and B. I have a few questions....… read more
Marcia Mitrano
Marcia Mitrano
MBA
62 satisfied customers
In 2015 I made a substantial NOL. However I did not file a
In 2015 I made a substantial NOL. However I did not file a 1045 or file a statement to waive the election to carry the NOL forward. What should I do now? Ideally I would love to carry forward the NOL … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
I filed and received my 2016 tax return. After I filed I
I filed and received my 2016 tax return. After I filed I received a 1098-T form in the mail from school. I did not know I would be receiving this form because I never had student loans when filing tax… read more
TaxRobin
TaxRobin
Vocational, Technical or Trade School
1 satisfied customers
As I am preparing my 2016 tax returns, I realized that I
As I am preparing my 2016 tax returns, I realized that I made a mistake in my 2015 tax returns. In Form 5329, I entered $6,650 in line 47 (Excess contributions for 2015). That resulted in additional t… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
Can i do another amended return after i have done one
Can i do another amended return after i have done one amended return already , i mean 2 amended return for the same year.… read more
TaxRobin
TaxRobin
Vocational, Technical or Trade School
1 satisfied customers
I have to amend my 2012 federal tax return because I
I have to amend my 2012 federal tax return because I included a schedule c and shouldn't have how do I do this. I attached the original… read more
TaxRobin
TaxRobin
Vocational, Technical or Trade School
1 satisfied customers
I originally filed the 1040A and realized that I forgot to a.) claim an EIC credit and .)
I originally filed the 1040A and realized that I forgot to a.) claim an EIC credit and b.) include my spouse's hobby income (a factor that I now realize would require me to have filed a 1040, *not* a … read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
I filed my taxes with the H & R block software. I did not
I filed my taxes with the H & R block software. I did not realize that I was suppose to claim my personal house that I am renting to a friend as income. How can I amend my tax with the software? … read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
Robin. My question is about this: Latest News IRS working to
Hello again Robin. My question is about this: Latest News IRS working to implement new law; Reminds taxpayers to continue existing health coverage during interim period. The Trade Preferences Extensio… read more
Gabriela Brondo
Gabriela Brondo
MBA
6 satisfied customers
I need help filling out IRS form 4797, regarding sale of a
I need help filling out IRS form 4797, regarding sale of a business truck that was purchased in 2013, used a section 179 deduction for it for full purchase price, and then sold in 2014 when the busine… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
I need to send in a 1040x, I am confused what is needed to
I need to send in a 1040x, I am confused what is needed to be mailed with this. I know it says do not send original return, do not attached a check to the 1040x. just mail in any changed forms etc. wh… read more
PDtax
PDtax
Owner
Master\u0027s Degree
1 satisfied customers
e have a S corp which was formed in 2012 and we had no income since ti
We have a S corp which was formed in 2012 and we had no income since ti was the first year . The taxes were filed under our personal taxes somehow meaning the Franchise tax Board in CA send us a lette… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
Ok so I married an international student and I filed for her
Ok so I married an international student and I filed for her papers in march 2012, she had the fingerprints taken today, so everything went fine, . We did taxes together MFJ in february 2012 and I got… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,222 satisfied customers
hello, my spouse filled 1040, he checked the box married filling
hello, my spouse filled 1040, he checked the box married filling jointly but he did not count my income. I have to fill 1040X, but I dont know how to fill into these line. I mean I dont know how to ca… read more
JKCPA
JKCPA
CPA
Bachelor's Degree
844 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x