E-filing of Form 1040-X Coming This Summer

FROM: The Tax Adviser The current system requires taxpayers to mail a paper amended return to the IRS for processing, and the IRS receives over 3 million of those forms each year. The new electronic option allows the IRS to receive amended returns faster while minimizing errors normally associated with manually completing the form. IRS Commissioner Chuck Rettig said in the IRS news release, “E-filing has been one of the great success stories of the IRS, and more than 90% of taxpayers use it routinely.

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