Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

This answer was rated:

Regarding a IRS Form 1040X: I claim my college student

Regarding a IRS Form...

Regarding a IRS Form 1040X: I claim my college student daughter as a dependent. She foolishly filed a 1040EZ with a free on-line service. She did not check the block for "Somebody else can claim me as a deduction". She also omitted Dividend Income which I am confident would require her to file a 104 or 1040A. When we do the 1040X is it advisable to attach a new 1040 or 1040A? Thanks, HPD

Accountant's Assistant: The Accountant will know how to help. Is there anything else important you think the Accountant should know?

We don't use an accountant, I self prepare. the 1040X would change AGI by adding about $300 in Interest Income and $67 in Dividend Income from a brokerage account. The fact 1040EZ was the wrong form concerns me. And she did get her tax refund already.

Show More
Show Less
Ask Your Own Tax Question
Answered in 11 minutes by:
3/18/2018
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,736
Experience: Taxes, Immigration, Labor Relations
Verified

I suggest to prepare correct 1040A or 1040 for your daughter as a first step

Based on your information - you may use 1040A

Then - on form 1040 - you will report original amounts in column A and correct amounts in column C

Line 24 - is where you will make corrections -

-- original number = 1

-- correction = (1)

-- correct number = 0

Write explanation in part III and you may attach correct 1040A - but mark it at the top as "attachment to 1040X"

You will calculate additional tax liability and will need to attach a check to that 1040X

Questions?

Ask Your Own Tax Question
Customer reply replied 1 month ago
question: is it prudent for me to hold off filing my own 2017 tax until my daughter gets some
"tracking" indication that the IRS has worked her 1040X? I'm a bit worried my claiming my daughter as a dependent might get my electronic submission rejected or flagged for audit.

I do not think you should worry about audit just because of that - but you will not be able to claim your daughter unless her amended tax return is processed.

That might take about a month.

Till some extend - you may track the processing of her amended tax return here

https://www.irs.gov/filing/wheres-my-amended-return

If you file and will claim her as a dependent - your return will be simply rejected.

Ask Your Own Tax Question
Customer reply replied 1 month ago
Thanks. I will file an extension on my filing.
This is what I need to move forward.
HPD

Yes - that is always wise to request an extension regardless if you will or will not be able to file on time.

Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,736
Experience: Taxes, Immigration, Labor Relations
Verified
Lev and 87 other Tax Specialists are ready to help you
Ask your own question now
Was this answer helpful?
Ask Lev Your Own Question
Lev
Lev
Lev, Tax Advisor
Category: Tax
Satisfied Customers: 32,736
32,736 Satisfied Customers
Experience: Taxes, Immigration, Labor Relations

Lev 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:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,451 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

56 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,124 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

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

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Related Tax Questions
Filed form 1040 form took the standard deduction, I am now
filed form 1040 form took the standard deduction, I am now filing the new york state, … read more
Lev
Lev
Tax Advisor
32,736 satisfied customers
Do you offer assistance with Form 1040-ES? These are
these are estimated quarterly taxes for this year 2018 … read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
How I can file for an extension to file the tax return for
How I can file for an extension to file the tax return for 2017. … read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
I am filing out form 1040X because form 982 exclusion amount
I am filing out form 1040X because form 982 exclusion amount was incorrectly reported. There is no tax due or any extra refund to be received. I am confused about line 19 of this form. Original tax sh… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,954 satisfied customers
On form 1040, line 27, what is the deductible part of the
On form 1040, line 27, what is the deductible part of the self-employment tax requiring schedule SE?… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,954 satisfied customers
Just discovered $1000 dividend income. Will IRS be confused
Just discovered $1000 dividend income. Will IRS be confused if I send 1040X today when I just filed my 1040 yesterday? Should I wait a couple of weeks? … read more
Carter McBride
Carter McBride
LLM
973 satisfied customers
Child and Dependent Tax Form 2441 Error: IRS Rejected return
Child and Dependent Tax Form 2441 Error: IRS Rejected return due to dependent's social security number being used on someone else's From 2441. Child is my dependent this tax year, I am Head of Househo… read more
Shan-Nel Simmons
Shan-Nel Simmons
Tax Professional/Owner
Master\u0027s Degree
43 satisfied customers
On form 1040 line4 21 other income. is this where i should
on form 1040 line4 21 other income . is this where i should enter an amount shown from my pensiopn payments form 1099R … read more
Cole Parker
Cole Parker
Principal/CPA
Bachelor\u0027s Degree
87 satisfied customers
I submitted Form 1040X for my 2016 return in February. I
I submitted Form 1040X for my 2016 return in February. I checked the status on the web page and it showed that the form was processed on March 3. I have been informed by Socials Security that I need t… read more
Mark Anderson
Mark Anderson
Attorney
Doctoral Degree
10 satisfied customers
Tax question: If I filed form 1040 online and it was
Tax question: If I filed form 1040 online and it was accepted and afterwards I filed form 4868 and it says accepted, does this extend the FBAR? Please provide IRS references. Thanks! Jonathan Wyman, C… read more
Barbara
Barbara
Enrolled Agent, Paralegal
4,954 satisfied customers
My single daughter is filing Form 1040 for 2016 and 2017.
Gerald, My single daughter is filing Form 1040 for 2016 and 2017. She had no health insurance coverage in either year. After deductions, her AGI (Adjusted Gross Income) for both years was below the AG… read more
Lev
Lev
Tax Advisor
32,736 satisfied customers
I am from Calfornia and sent Amended tax return 1040X to IRS
I am from Calfornia and sent Amended tax return 1040X to IRS at … read more
abci168
abci168
Principal
27 satisfied customers
Tax Question: IRS Form 1040, 4562 maybe tax professional For
Tax Question: IRS Form 1040, 4562 maybe tax professional For a barbershop. Would all these expenses be considered leasehold improvements or can they be expensed on schedule CThe contractors were the s… read more
Carter McBride
Carter McBride
LLM
973 satisfied customers
I need assistance with a tax form 1040x from 2015 I don't
I need assistance with a tax form 1040x from 2015 I don't have the form but took a larger withdrawal that was taxed it is for financial aid … read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
WHERE SHOULD I SEND IRS FORM 1040X. WHERE DO I SEND IRS FORM
I CLAIMED A HEALTH CARE CREDIT I AM NOT QUALIFIED FOR… read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
If I'm filling an amendment tax return so my sister can
If I'm filling an amendment tax return so my sister can claim her kids but was made aware I would receive an audit letter do I just let them know my sister is claiming my niece and nephew instead … read more
PhillipsEsq.
PhillipsEsq.
Attorney-at-Law
JD
56 satisfied customers
I want to ask a question about Income tax return form 1040..
Hello I want to ask a question about Income tax return form 1040.. I want to fill form but My wife doesnt have any ssn number. She is housewife and she has no income. Which option should I choose from… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
163 satisfied customers
W, is there a amend tax return there at IRS there for me? My
Hi, my name is ***** ***** Miller, is there a amend tax return there at IRS there for me? … read more
Fred Rook
Fred Rook
Corporate Controller
BSBA
125 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