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mistake in last year's deduction, wait for amend accepted first or not?

 

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Subject Author Date
mistake in last year's deduction, wait for amend accepted first or not? jj3000 03-13-2007
Posted by Bob Sandler on March 16, 2007, 1:31 pm
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> As I mentioned I will be mailing 2 checks that I now owe
> (for 2005 federal and state) along with the 1040X and 540X
> respectively.
>
> So when I do the 2007 return next year, Do I have to keep
> track of these payments myself and add it into schedule A
> the line where it says "state and local tax"? Or will I
> get a slip/form that will remind me of this amount.

You have to keep track of it yourself. You will not get a
form.

> I ONLY need to keep track the state tax payment caused by
> this amendment, is this correct? The federal tax is paid
> and that's the end of story?

That's correct.

Bob Sandler

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