Ask Experts Questions for FREE Help !
Ask
    uniqueindl's Avatar
    uniqueindl Posts: 3, Reputation: 1
    New Member
     
    #1

    Apr 11, 2008, 10:36 PM
    Filing 2007 tax returns in 2008
    :( I forgot to add income of my one w2 (2007) form while filling tax returns for 2008 what shall I do now ?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Apr 11, 2008, 11:33 PM
    You will need to file amended tax return. Earlier you do better it is if you owe money by reporting W2 as you will be charged interest and penalty after April 15, 2008.
    uniqueindl's Avatar
    uniqueindl Posts: 3, Reputation: 1
    New Member
     
    #3

    Apr 11, 2008, 11:42 PM
    Quote Originally Posted by MukatA
    You will need to file amended tax return. Earlier you do better it is if you owe money by reporting W2 as you will be charged interest and penalty after April 15, 2008.
    Can you please eleborate.. amended tax return.. I have already send my 1040 ez by post... what would be the right way to file amended tax return
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #4

    Apr 12, 2008, 02:07 AM
    Amended tax return is Form 1040X.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Name of a song from 2007 or 2008 [ 2 Answers ]

I don't remember the lyrics, but it sounds like he's saying "just like an angel" The singer is a male with dark hair and facial hair, goatee maybe. It came out in 2007 or 2008. Can anyone tell me the name?

On H1 for 1.5 year.wife comes in 2008, but marriage in 2007 [ 3 Answers ]

Hi I am on H-1 since June 06. I got married on 30th Dec 07. And my wife came to USA on 1st Feb.'08. Can I claim her as dependent and ask for deductible? How should I file as file jointly or consider her as dependent?

1099-A from Foreclosure in 2007 & BK in 2008 [ 3 Answers ]

I had a rental house that we lost through foreclousre this year, I received a 1099-A "Acuisition or Abandonment of secured property" stating balance of principal $164,664.30 with a fair market value of $0.00. We are filing Bankrupt in May '08 our BK Attorney states we won't have to pay the...

2007 Taxes for a 2008 baby [ 2 Answers ]

My baby was born on 1/11/08. Can I claim her for my 2007 taxes?

Tax for Year 2007-2008 [ 2 Answers ]

I am a permanent resident of India and work for a Foreign Company which is in UK, I receive salary in India every month with the other expenses, from the UK Company, If my total salary in year is 2,30,000 per annum, Shall I liable to tax ? If yes how much? What is the provision?


View more questions Search