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Getting your taxed filed can feel like a huge burden has been lifted -- but what if after you submit your return, you realize you made an error? See: Why You Should Line Up a Tax Preparer Now --...
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“The changes to the tax laws from the Tax Cuts and Jobs Act have changed the deductibility of certain expenses, such as home mortgage interest, state and local tax payments, etc., so you want to ...
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And this one is a pretty easy fix. When you make a mistake on your tax return either because you left off some information or failed to file a particular schedule, you simply correct your mistake ...
The IRS will usually send a letter stating the mistake and the amount you owe or if it’s a return, a refund check. This is something that its computer system can figure out on its own.
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