[Search for users] [Overall Top Noters] [List of all Conferences] [Download this site]

Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

709.0. "correcting prior years' tax returns" by WMOIS::SPENCER_DEB () Thu Mar 31 1994 13:35

    In doing my [Mass.] state income tax return this year, I realized I
    made an error (in the state's favor) on my 1992 return (and possibly prior 
    years). How to I go about correcting this?  I'd rather do it myself than 
    go to an accountant, if possible.
    
    Any suggestions?
    
    Thx.
T.RTitleUserPersonal
Name
DateLines
709.1MA Form 33XNETRIX::michaudJeff Michaud, PATHWORKS for Win. NTThu Mar 31 1994 15:430
709.2NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Thu Mar 31 1994 16:111
And for federal returns, it's 1040X.
709.3Is it worth it ??USCTR1::GYOUNGThu Mar 31 1994 21:346
    I may have to file an amended return for last year.  Does anyone have
    any experience doing this and what are the pros/cons.
    
    Thanks
    
    Greg
709.4NETRIX::michaudJeff Michaud, PATHWORKS for Win. NTThu Mar 31 1994 21:5310
>     I may have to file an amended return for last year.  Does anyone have
>     any experience doing this and what are the pros/cons.

	I did it and it was well worth it.  I had done it for a
	2-3 year old return and they give a pretty good interest
	rate on the money.

	With what interest rates are today I was almost thinking of
	filing a return w/out apport. my income, then file an ammended
	return 2 years later ....
709.5WMOIS::SPENCER_DEBFri Apr 01 1994 14:1510
    Thanks for the info.  I just called the Mass DOR for form 33X.  Now my
    2nd question...
    
    I owe taxes for 1993, but should get a refund back for prior year(s). 
    Can I send all the paperwork in together for a net payment/refund, or
    must I file separately.
    
    Thx again,
    Deb
    
709.6I'd suggestKOALA::BOUCHARDThe enemy is wiseFri Apr 01 1994 14:314
    re: .5
    
    File them all seperately.  You'll only confuse the Mass DOR folks if
    you send them together.