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amended return

   Also found in: Financial 0.01 sec.
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Noun1.amended return - a tax return that corrects the information in an earlier returnamended return - a tax return that corrects the information in an earlier return
income tax return, return, tax return - document giving the tax collector information about the taxpayer's tax liability; "his gross income was enough that he had to file a tax return"


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There is an exception for services rendered in connection with the Service's examination of, or challenge to, an original tax return or an amended return or claim for refund if the amended return or claim for refund was filed within 120 days of the taxpayer's receiving a written notice of the examination or a written challenge to the original return.
Now the deadline on amended returns for 2006 is approaching.
The FTB is reminding taxpayers that are filing an amended federal tax return to correctly report income related to offshore bank accounts or other offshore activity to file an amended return with California at the same time.
 
 
 
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