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amended return

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Financial Dictionary

Amended Return

A return filed in order to make corrections to a tax return from a previous year. It can be used to correct errors and claim a more advantageous filing.

Investopedia Commentary

An amended return is filed using Form 1040X.

Related Links

Tax Tips For The Individual Investor
Five Tips for the Tax-Smart Investor

See also: 1040 Form, Adjusted Gross Income, Income Tax, Internal Revenue Service - IRS, Personal Income

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