If you have been perusing the instructions for the amended individual tax return (Form 1040X), you have probably seen something quite exciting.
What, you say?! You have not looked at the instructions for Form 1040X? Could that be because the instructions for Form 1040, which would always need to be filed first, were not posted to the IRS website until January 25, 2013? Whereas, the instructions for Form 1040X, which is used when you need to correct a return that has already been filed with the IRS, were posted on January 13, 2013.
Anyway, the excitement. Beginning in March 2013 (which will be here before we all realize it, I am sure), you can track the status of your amended return using a new web or toll-free application.
You will be able to go to IRS.gov and click on “Where’s My Amended Return?” or call 1-866-464-2050. With either application, you will need to provide your taxpayer identification number (for most this is your social security number), you date of birth and your zip code.
This appears to be very similar to the older version of “Where’s My Refund?” which has been very useful on the IRS website for a number of years. As mentioned in a post on January 15, 2013, this tool will be even more helpful this year (IRS Improves “Where’s My Refund?”)
While you probably do not want to amend your tax return, this new application to track the status can ease some concerns about the receipt of the amended return by the IRS.
By Donna H. Laubscher, CPA