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#7
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| "Latosha Washington" <lTw[at]msn.com> wrote - quote - > I filed my federal tax return (Texas resident) and forgot to
Paper file Form 1040X. You'll need to attach Schedule A> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? (because that changed), and it wouldn't hurt to attach the 1040 itself (with corrections). -- Paul Thomas, CPA paulthomascpapc[at]bellsouth.net << ================================================== ===== > << 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. > << ================================================== ===== > |
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#6
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| Latosha Washington wrote: - quote - > "Latosha Washington" <lTw[at]msn.com> wrote:
Form 1040X and schedule A.> > I filed my federal tax return (Texas resident) and forgot to > > take the sales tax deduction - I also bought a new car in > > 2005. What is the best procedure to now amend to claim that > > sales tax? Missy Doyle << ================================================== ===== > << 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. > << ================================================== ===== > |
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#5
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| "Latosha Washington" <lTw[at]msn.com> wrote: - quote - > I filed my federal tax return (Texas resident) and forgot to
THANKS ALL!> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? << ================================================== ===== > << 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. > << ================================================== ===== > |
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#4
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| Latosha Washington wrote: - quote - > I filed my federal tax return (Texas resident) and forgot to
Sales tax plus the car sales tax goes on Schedule A form> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? 1040. To amend file Form 1040X and include the schedule A with the 1040X. Missy Doyle << ================================================== ===== > << 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. > << ================================================== ===== > |
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#3
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| "Latosha Washington" <lTw[at]msn.com> wrote: - quote - > I filed my federal tax return (Texas resident) and forgot to
form 1040X> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? -- <<< Benjamin Yazersky CPA [NJ & NY] > > ---> real address on hobokenx or hobokeni <--- << ================================================== ===== > << 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. > << ================================================== ===== > |
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#2
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| Latosha Washington wrote: - quote - > I filed my federal tax return (Texas resident) and forgot to
File form 1040-X, with a revised Schedule A including the> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? additional deduction. << ================================================== ===== > << 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. > << ================================================== ===== > |
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#1
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| Latosha=A0Washington posted: - quote - > I filed my federal tax return (Texas resident)
You can file a 1040-X, to amend your original return.> and forgot to take the sales tax deduction - I > also bought a new car in > 2005. What is the best procedure to now > amend to claim that sales tax? Assuming you itemized -- using Schedule A -- on your first return, it should be easy to revise the "taxes paid" section to reflect the additional sales tax deductions. You can then reflect those changes in column 3 of the 1040-X, note why the numbers have changed on the back (page 2), and attach a copy of the revised Schedule A. If you did not itemize with your original return, be sure to calculate the overall effect of switching to make certain it would pay. Unless you have real estate taxes and mortgage interest, the standard deduction is usually preferable. Bill << ================================================== ===== > << 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. > << ================================================== ===== > |
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| "Latosha Washington" <lTw[at]msn.com> wrote: - quote - > I filed my federal tax return (Texas resident) and forgot to
You can deduct sales tax only if you itemize deductions on> take the sales tax deduction - I also bought a new car in > 2005. What is the best procedure to now amend to claim that > sales tax? Schedule A. If you do, attach a revised Schedule A to Form 1040X to amend your return. -- 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. > << ================================================== ===== > |
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#-1
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| I filed my federal tax return (Texas resident) and forgot to take the sales tax deduction - I also bought a new car in 2005. What is the best procedure to now amend to claim that sales tax? Thanks. << ================================================== ===== > << 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. > << ================================================== ===== > |
| Tags |
| amend, deduction, omitted |
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