I have a question about reporting prior year deductions. Can I report prior year deductions on this year’s tax return or do I have to file a separate form?
You can report prior year deductions but you will have to complete and mail an amended tax return by filing Form 1040X. You are not able to e-file a 1040X. By filing Form 1040X are basically changing your original return to include new information.
Reporting prior year deductions is done by amending your tax return with Form 1040X: Amend U.S. Original Tax Return. However, you will need to do the following:
- File Form 1040X within three years from the date you filed your original tax return
-or-
- Within two years of the date you paid the tax, whichever is later.
- Make sure you enter the year of the return you are amending on the 1040X
Related Resources
Looking for information on the California property tax rate? Learn who needs to pay as well as how and when they pay real property taxes in California.
Learn more about IRS disaster tax relief and other natural disaster tax tips from the experts at H&R Block.
What to do if you accidentally claimed the wrong allowance amount on your W-4. Learn more from the tax experts at H&R Block.
Learn more tax deductions available to grad students with advice from the tax experts at H&R Block.
