don wrote:

- quote -

And this gets you what? Rental activities are passive by
definition. Additionally, interests as a limited partner are
neither active nor material participation. So, what is your
goal by amending?

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"don" <notwantingspam[at]hotmail.com> wrote:

- quote -

You have 3 years from the due date which was April 15, 2004
or two years from when tax paid.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

notwantingspam[at]hotmail.com (don) wrote:

- quote -

If you are claiming a refund on an amended return for 2003,
you must file by 16 Apr 07 (the 15th is a Sunday, so the
deadline is the following day). If you owe, the IRS will
take your money any time, along with interest and penalties.
Generally, you have three years from the original due date
of the return--in this case, 15Apr04--to claim a refund.
After that, you can still file an amended return, but the
IRS will keep the refund.

The deadline for the 2004 return would be 15Apr08.

--
D.F. Manno
dfm2a3l0t2[at]spymac.com
In the republic of mediocrity genius is dangerous. (Robert G. Ingersoll)

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

notwantingspam[at]hotmail.com (don) posted:

- quote -

You have three years from the date the original return was
due. For the year 2003, the return would have been due on
4/15/2004. Thus, you have until 4/15/2007 to amend that
return.

Bill

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"don" <notwantingspam[at]hotmail.com> wrote:

- quote -

Correct.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

While completing my tax year 2005 return, I realized I was
in error in filing my tax year 2003 and 04 returns. I
incorrectly declared my wife as a passive vs active member
of a family rental LLC.

I would like to confirm that I can amend my tax year 2003
return after 4/17/06; ie I have until 4/15/07. Having the
extra time, to get forms etc would be desirable.

Thanks for any advice.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >