Posted by Elaine Sedlock on 4/4/08 2:50pm
Msg #242214

OT: (sort of) Tax question 1099X ammended form

How do I know where to find what method of calculating taxes was used for my original 2006 return? I tried to find the answer in the IRS instructions so I'd know what to put on 1040X line 6a; but short of going back to the professional who did my taxes last year (who isn't available) I have no idea what to enter. I called the IRS and a lady told me it would either have been calculated using the table method or method D (?). I just want to get this out of the way asap because it will take 8-12 months to ever get the refund due (all I'm ammending is the number of dependents).
TIA

Reply by Pat/CA on 4/4/08 6:31pm
Msg #242247

Sorry, there is no easy answer because it would depend on a lot of different factors, such as if taxable income was $100,000 (or above) it would be the Tax Computation Worksheet (also used if you were required to use it because of Qualified Dividends and Capital Gain Tax Worksheet or the Schedule D Tax Worksheet, Schedule J, Form 8615, or the Foreign Earned Income Tax Worksheet).

Otherwise, it would be the standard Tax Tables.

I'm assuming you meant the 1040X (Amendment of 1040 Individual Tax Return).

Also, I believe that it would be okay to submit it without that question answered because their computer's should know automatically which method was used once they input all the figures into the computer. This however, is just my opinion and I'm not swearing by that by any means.