I didn’t show actual real estate property taxes paid by my mortgage company for 2007 and 2008. What tax form do I use to amend my tax returns for those previous years so I can get credit for the property taxes paid and not reported? The property taxes paid in 2009 I will show on my current tax return for 2009.
What Tax Form Do I Use To Amend Last Two Years To Show Property Tax Paid & Not Reported?
Posted on January 31, 2010 by admin, Filed under Answers
2007, use 1040X and schedule A. You need to exceed the standard deduction to see a difference. The schedule A is all expenses, even ones claimed on the original return.
For 2008, use 1040X. Up to $500 of real estate tax could be claimed with the standard deduction, otherwise schedule A.
A Form 1040X is used to amend a prior year tax return. You will have a Schedule A change so you will need to include that form as well.
File Form 1040-X and attach a corrected copy of Schedule A.
1040-X is the amended return