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Posted

Client filed their taxes 3/10/09. Came in today with a corrected K-1. If it is before 4/15, do I file a 1040X or just another (corrected) 1040?

I would prepare 1040X plus give priority to other clients first, client did not bring you all the necessary documents, so have him wait plus charge him for the extra work.

MAS

Posted

File a 1040X. There was a time, back in the old days, when the IRS let you file a 'corrected original' before 4/15. Now, they prefer a 1040X, even though from a technical point, that 1040X will in fact stand as 'the original return'.

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