Can i amend 2009 tax return

However, please note, in order to avoid confusion it is usually best to wait and amend a return after the IRS has accepted the original return and you have received your refund, if applicable. Attach any accompanying documents that may be required.

These would be any forms created in the return due to the changes made or any documentation that would support the changes made i.

Amended returns cannot be e-filed. You may also need to verify with your state whether amending the federal return necessitates that you also amend your state return. Business Taxes Professional Taxes. Sign In. Prepare and File Taxes. Return Status. Tax Tools. Sometimes when filed together, they are mistaken for a single return, and the additional returns filed in the same envelope are not processed. If the changes involve another schedule or form, it must be completed and included with the amended return.

In addition, it may be appropriate to include documentation to avoid subsequent correspondence from the IRS or state agency. A detailed explanation of the changes must also be attached. This is required to explain to the processing staff the reason for the amendment. In insufficient explanation can lead to additional correspondence and delays. Depending on why you file an amended federal return, you may be required to amend your state return.

However, if the federal amendment is filed to claim or correct a tax credit that the state does not have, no state amended return will likely need to be filed. In most other circumstances, you will need to amend the state return as well as the federal. An amended return can be more complicated than the original. If you need assistance, contact the Tax Experts at Henssler Financial: or epxerts henssler.

Skip to content. The calculation of income from compensation is based on a ratio obtained from the number of Louisiana Duty Days over the total number of Duty Days. Duty Days is defined as the number of days that the individual participated as an athlete from the official preseason training through the last game in which the individual competes or is scheduled to compete. Nonresident professional athlete taxpayers use the Tax Computation Worksheet to calculate the amount of Louisiana tax due based on the amount of their Louisiana taxable income.

A resident individual who is a member of the associations listed above is considered a professional athlete and is required to electronically file a Louisiana income tax return, ITB-NRA reporting all of their income. To calculate the estimated tax, resident taxpayers should use the current year's Income Tax Tables to estimate their income tax liability based on the expected amount of Louisiana taxable income.

Taxpayers who are nonresidents or part-year residents should use the Tax Computation Worksheet to calculate the amount of Louisiana estimated tax. For general information concerning calculation and payment of estimated tax, see the estimated payment instructions, Form ITES I. Calendar year taxpayers can pay the estimated tax in full with the declaration, or in equal installments, on or before April 15th, June 15th, September 15th, and January 15th. Special Provisions for Farmers or Fishermen — Revised Statute B provides that if at least two-thirds of an individual's estimated gross income is from farming or fishing, the declaration and estimated tax payment may be made any time on or before January 15th of the succeeding taxable year without being assessed underpayment of estimated tax penalty.

Revised Statute F allows an the exception from the estimated tax payment requirement if the taxpayer files their individual income tax return by March 1st of the succeeding taxable year and pays the total amount due.

Exception To Estimated Payment Declaration Requirement— Revised Statute F allows an exception from the estimated tax payment amendment requirement or original declaration requirement due January 15th of the succeeding year if the taxpayer files their individual income tax return by January 31st of the succeeding year and pays the total amount due. Filing a declaration, amended declaration, or paying the last installment by January 15th, or filing an income tax return by January 31st, will not relieve you of the underpayment penalty if you failed to pay the estimated income tax that was due earlier in the year.

Estimated Tax Payment Options— Taxpayers can pay the estimated tax using any of the following options:. Revised Statute authorizes a penalty for failure to pay or underpayment of estimated income tax. The penalty is 12 percent annually of the underpayment amount for the period of the underpayment. Determination of the Underpayment Amount The underpayment is the excess of the installment amount that would be required if the estimated tax was 90 percent For the purposes of determining the underpayment amount, the required installment amount is 25 percent of the required annual payment.

Determination of the Underpayment Period— The underpayment period is from the date the installment was required to be paid to whichever of the following dates is earlier:. Based on the underpayment amount and the underpayment period, an assessment of underpayment of estimated tax penalty will be made.