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    hougsm's Avatar
    hougsm Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Feb 9, 2008, 12:18 AM
    How to use 1040X amended tax numbers?
    Hi,

    Thanks for providing this great service. I am working on my 2007 taxes and noticed a mistake on my 2006 taxes. I am in the process of completing a 1040X (which is no small undertaking).

    Can you please explain how I will use these revised numbers, if at all, for 2007? Since the IRS has not yet received my amended 2006 tax return, do I use last years incorrect numbers to complete the 2006 questions on this years new tax forms? Or can I use the corrected numbers?

    Again, many thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Feb 13, 2008, 03:08 PM
    Your revised numbers for 2006 should have NO EFFECT on your 2007 return unless it involves depreciation, charity carryovers or capital loss carryovers.
    hougsm's Avatar
    hougsm Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Feb 13, 2008, 10:24 PM
    Many thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #4

    Feb 29, 2008, 11:50 AM
    Glad to help!
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