Definitions from the Web
Amended Return
Definition:
An amended return refers to a modified version of a previously filed tax return that corrects errors or makes changes to the original return.
Sample Sentences:
- After realizing he had made a mistake on his tax return, John promptly filed an amended return with the correct figures.
- The taxpayer decided to submit an amended return to claim additional deductions that were overlooked previously.
- Amended returns must include a detailed explanation of the changes made and provide supporting documents.
- If you receive a notification from the tax authorities regarding discrepancies, it is advisable to file an amended return to rectify the errors.
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