Realizing that you made a mistake on your expat tax return can be a heart-stopping experience. Don’t worry. The issue can be corrected.
What Do I Do When I Notice a Mistake?
The best thing to do when you notice a mistake on your tax return is to deal with it. Common errors include forgetting to report income or not taking all allowable deductions. No matter what the mistake was, it is always better to file an amendment before the IRS notices and contacts you about it.
How Do I File an Amended Expat Tax Return?
There is a process in place to allow you to file an amended tax return. Using a Form 1040X, you can make changes to a previously filed 1040EZ, 1040A, or 1040. This usually must be done within three years of the original return or two years from the date the taxes were paid, whichever comes second. Next, you can:
- Attach the necessary form or schedule if needed
- Pay additional taxes owed before the due date to avoid penalties and interest
- Submit the form using snail mail (not electronically)
Expert Advice Can Help You Avoid Expat Tax Errors
The best way to deal with expat tax return mistakes is to avoid them altogether. We can make the process much easier and provide you peace of mind. Whether you’re filing your taxes for the first time or need to submit an amendment, let us know. Contact Expatriate Tax Returns to discuss your expatriate tax questions.