Terry D EA Posted March 31, 2016 Report Share Posted March 31, 2016 Someone correct me if I'm wrong but isn't this the last year to amend a 2012 return to claim a refund? Quote Link to comment Share on other sites More sharing options...
jklcpa Posted March 31, 2016 Report Share Posted March 31, 2016 In general, yes, but there are some exceptions. Bad debts and worthless securities have longer. Not sure if your Ponzi scheme amendment has some special rule. Check the instructions for 1040X. In general: File within 3 year (including extensions) of the date the original return was filed or within 2 years after the tax was paid, whichever is later. To determine the date filed - if no extension and the return was filed earlier than April 15, then use 3 years from April 15. If on extension until Oct 15 and filed earlier than Oct 15, then use 3 years from the date actually filed. 2 Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted March 31, 2016 Author Report Share Posted March 31, 2016 Thanks Judy, these returns were filed by April 15th. I am checking everywhere possible for information regarding this Ponzi-scheme and how to correct the wrong filing. Quote Link to comment Share on other sites More sharing options...
Lion EA Posted April 1, 2016 Report Share Posted April 1, 2016 NATP provides answers with backup cites for a small price: http://www.natptax.com/TaxKnowledgeCenter/Research/Pages/default.aspx 1 Quote Link to comment Share on other sites More sharing options...
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