Graduation Debt by author Reyna Gobel
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Tax Mondays: Tax time for Ammended Returns, Too

Posted by: Reyna on Apr 16 2011 / Comments (0)

As tax day approaches, think about old years of tax returns, too. Did you wait on claiming energy tax credit you could have received in 2009  because you thought you were going to make a bigger qualifying purchase in 2010? We did. My husband and I bought insulation for our home in 2009, but we didn’t claim it  because we thought we’d buy new windows in 2010. We didn’t buy new windows. Now, we’re filing an ammended 2009 return.

You may have forgetten to claim a charity deduction or a self-employement business expense. Ammending returns is simple, and you can do it using the corresponding year’s tax software. For instance, I just ordered 2008 TurboTax today for Monday arrival via Amazon.com.

Have a great tax day everyone, and claim every deduction and credit you can.

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