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-   -   Amend tax returns for 2003, 2004 (https://www.askmehelpdesk.com/showthread.php?t=24260)

  • Apr 8, 2006, 07:16 PM
    nitinbedi
    Amend tax returns for 2003, 2004
    Hi
    I was on F1 status (from India) for the years 2003 & 2004. I did not detuduct my student load from my income in those 2 years.
    Can I amend my 1040 NR-EZ form. Do I need a copy of my old forms. If yes how can I get it as I don't have them. Also do I need to file 8843 for those years again.

    After how long am I eligible for amending my forms.

    Thanks
    Nitin
  • Apr 9, 2006, 02:55 PM
    AtlantaTaxExpert
    Yes, you can amend the return. If you do not have a copy of the return, contact the IRS and they will either send to a tax script for free with the necessary data or a photocopy of your Form 1040NR-EZ (they charge for the photocopy).

    You have until April 15, 2007 to amend the 2003 tax return and until April 15, 2008 to amend the 2004 tax return.
  • Apr 10, 2006, 01:23 PM
    vaya
    ATE is right, but do you *really* want to do it? It is very complicated & time consuming matter. How much money will you save?
    Note: you cannot deduct your student loan, you can only deduct student loan *interest* you paid during the year.
  • Apr 10, 2006, 05:17 PM
    nitinbedi
    I paid $ 1425 in interest. Could you help me on how to calculate the amount I can deduct.

    Can I just deduct 1425 from my total income before calculating my tax for the years
  • Apr 10, 2006, 05:38 PM
    vaya
    There is a worksheet to determine the deductible amount on http://www.irs.gov/pub/irs-pdf/i1040nr.pdf page 16

    Vaya
  • Apr 12, 2006, 06:54 AM
    AtlantaTaxExpert
    Nitinbedi:

    Vaya's guidance is accurate. Go to the worksheet to determine how much is deductible, then decide if amending the return is worth the time and effort.
  • Apr 12, 2006, 07:27 PM
    nitinbedi
    Thanks

    I appreciate your response
    Nitin
  • Apr 12, 2006, 07:30 PM
    nitinbedi
    Hi
    I know I am getting a little lazy. But could you give me a link for asking IRS my tax forms for previous years

    Nitin
  • Apr 12, 2006, 10:11 PM
    vaya
    www.google.com

    Vaya
  • Apr 14, 2006, 09:38 AM
    AtlantaTaxExpert
    I do not think you can request the previous years' tax returns via the Internet.

    You have to CALL the IRS.

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