home mortgage
Jay asked:


Hello,

When I filed my taxes for the year 2007, I incorrectly entered $2,000 as house mortgage interest withheld for the year while I have actually paid close to 20,000. I filed it electronically.
Can this be amended immediately or do I have to wait until after April 15 the 2008 to file the amendment? Please help.

Thank you in advance for your answers

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1 Comment(s)

  1. File an amended tax return. Form 1040X.

    You can file immediately if you want to, especially if you didn’t get a refund. If your original showed a refund, then I usually recommend you wait till that refund is processed and then file the amended return.

    You do not have to wait until April 15th.

    Tomk | Nov 1, 2008 | Reply

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