![]() ![]() TurboTax Audit Support Guarantee – Business Returns.You are responsible for paying any additional tax liability you may owe. If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest. 100% Accurate Calculations Guarantee – Business Returns.(TurboTax Free Edition customers are entitled to payment of $30.) This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state purchase price paid. We will not represent you before the IRS or state tax authority or provide legal advice. Audit Support Guarantee – Individual Returns: If you receive an audit letter from the IRS or State Department of Revenue based on your 2022 TurboTax individual tax return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our Audit Support Center, for audited individual returns filed with TurboTax for the current 2022 tax year and, for individual, non-business returns, for the past two tax years (2021, 2020).(TurboTax Online Free Edition customers are entitled to payment of $30.) This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. Maximum Refund Guarantee / Maximum Tax Savings Guarantee - or Your Money Back – Individual Returns: If you get a larger refund or smaller tax due from another tax preparation method by filing an amended return, we'll refund the applicable TurboTax federal and/or state purchase price paid.This guarantee is good for the lifetime of your personal, individual tax return, which Intuit defines as seven years from the date you filed it with TurboTax. 100% Accurate Calculations Guarantee – Individual Returns: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest. ![]() Whichever way you choose, get your maximum refund guaranteed. Just answer simple questions, and we’ll guide you through filing your taxes with confidence. Or you can get your taxes done right, with experts by your side with TurboTax Live Assisted.įile your own taxes with confidence using TurboTax. Let an expert do your taxes for you, start to finish with TurboTax Live Full Service. Unfortunately, if you don't file your 1040-X on time, the IRS has no obligation to send you an additional refund. If you file your return on time but don't pay the tax until May 15, 2010, you now have until to file an amended return under the 2-year rule. However, when you file a tax return after the April deadline, you start counting the three years on the actual filing date.īut suppose your 2008 tax return reports an amount you owe to the IRS rather than a refund. This is because the IRS treats all tax returns you file on or before the deadline as filed on April 15th. If you later discover a tax deduction you are eligible for, but failed to claim, you have until Apto file a 1040-X and collect the additional tax refund that the deduction will provide you with. To illustrate how these two rules work, suppose you file your 2008 tax return long before the Apdeadline because you were due a $500 tax refund. ![]() The Internal Revenue Service limits the amount of time you have to file a 1040-X to the later of three years from the date you file the original tax return, or two years from the time you pay the tax for that year. However, before you begin preparing an amended tax return, it's a good idea to make sure you still have time to file it. Have you ever discovered a mistake on your tax return or forgot to claim a tax deduction after filing it with the Internal Revenue Service? If so, you may want to consider filing an amended tax return on Form 1040-X. Hello, I'm Jill from TurboTax, with important news for taxpayers about amending tax returns. The content of this video applies to earlier tax years. ![]()
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