Incorrectly calculated my home mortgage interest on 2007 Tax returns?
Written By: admin on December 5, 2009
One Comment
Hello,
When I filed my taxes for the year 2007, I incorrectly entered ,000 as house mortgage interest withheld for the year while I have really paid close to 20,000. I filed it electronically.
Can this be amended immediately or do I have to wait until after April 15 the 2008 to file the amendment? Please help.
Thank you in advance for your answers
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Tags: mortgage interest
File an amended tax return. Form 1040X.
You can file immediately if you want to, especially if you didn’t get a refund. If your original showed a refund, then I usually recommend you wait till that refund is processed and then file the amended return.
You do not have to wait until April 15th.