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The 1040X is the way to ammend or correct a tax return. They are undated and can be used for multiple years. A friend of mine who insists doing his own taxes missed a 30k tax deduction for a theft loss. I had to explain to him about the 1040X and how he could refile and get his money back.
This form is used to report withholding on non-wage tax withholding. Use Form 945 to report withheld federal from nonpayroll payments. Nonpayroll payments include: • Pensions • Military retirement • Gambling winnings • Indian gaming profits
• Voluntary withholding on certain government income tax withholding from pensions, annuities, and Indian gaming profits
• Backup withholding
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that may be imposed under the U.S. Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
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