sureshjraman[at]hotmail.com (Suresh) wrote:

- quote -

Adjustments for one year cannot be made in another. You
will need to file an amended tax return (Form 1040X) for
2002.

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"Suresh" <sureshjraman[at]hotmail.com> wrote:

- quote -

I'm not clear on what the mistake is. However, errors made
in a given year are usually corrected via an amended return.

Mike Lewis, CPA

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Suresh wrote:

- quote -

Not sure what tax benefit you speak of, but perhaps
depreciation you forgot? Anyway, amend the 2002 return.

Cheer$,
harlan Lunsford, EA n LA

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No. You rectify it by amending 2002.

Nan, EA in LA

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Suresh wrote:

- quote -

No. You need to amend 2002. Depending on the details of
the benefit, you may qualify AGAIN in 2003, but those are
independent issues.

Is this a state income tax credit? If so, we'd need to
know what state in order to give a more detailed response.

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"Suresh" <sureshjraman[at]hotmail.com> wrote:

- quote -

Amend your 2002 return. You must be talking about a State
return.

Wayne Brasch, CPA, M. S. Taxation

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sureshjraman[at]hotmail.com posted:

- quote -

No, do it separately. The way to correct an error in a
previous year's return, is to file a Form 1040-X. This will
immediately flag your filing as pertaining to a previous
year.

You can't mix filings for two years, including a correction
for another year in a regular return.

Bill

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"Suresh" <sureshjraman[at]hotmail.com> wrote

- quote -

There's no Federal renters credit, so you must be referring
to a state tax issue. More than likely you will need to
file an amended return for 2002.

------- Life may not be the party we hoped for,
but while we are here,
we might as well dance.
------- Paul A. Thomas, CPA
taxman at negia.net

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sureshjraman[at]hotmail.com (Suresh) writes:

- quote -

This must be some sort of state thing; there is no such
Federal provision. Check your state instructions for how to
correct errors.

Phil Marti
Topeka, KS

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"Suresh" <sureshjraman[at]hotmail.com> wrote:

- quote -

You're apparently referring to renter's credit. There is no
provision for a renter's credit on federal returns. If you
are eligible to claim a renter's credit on your state income
tax return you can amend the prior year return, however you
cannot claim two years of renter's credit on your 2003 state
return.

Barney Byrd

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I committed a mistake while filing 2002 taxes. i forgot to
apply for the tax benefit for rented home(rent > 1000). Can
I rectify that while filing 2003 tax??

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