Filing 1040X to correct mistake on tuition deduction

I got a question here regarding 1040X. couldn't find the answer i needed on the instruction and here i am hoping you guys can help. I recently filed my income tax, i filed jointly with my wife. i did it electronically, by mistake I claim deduction for my wife's school tuition AND took education credit both. i guess the program didn't catch the mistake. my wife is applying for financial aid now and the financial aid counselor in her school sent us a notice telling us we need to correct the mistake on our income return first. so my question is, what kind of forms besides 1040X do i need to sent in? I did some calculation, and i find out that if I dont claim any tuition deduction, BUT take the education credit, i still ended up with a $48 refund which is the same number I get when i mistaking claim both before. so since i don't owe any tax by doing that, is it important for me to attach any other forms besides 1040x? for example, do i need to fill out a new form 8863 and 1040? basically the changes on the 1040x would be my taxable income and education credit, but since we are a poor student couple we dont owe any tax. hopefully someone can help me, thanks!

> > > > > > >
Reply to
ihsiuhuang
Loading thread data ...

Well, the IRS doesn't really want you to file a 1040X if the bottom line will not change, but here the financial aid folks are telling her to amend. So go ahead and amend, and you are correcting the deduction which you should hot have claimed. Unless the change in AGI affects other figures on your tax return, all you have to sub,it is form 1040X. If other forms or schedules were changed, submit those too. __ Art Kamlet ArtKamlet @ AOL.com Columbus OH K2PZH

Reply to
Arthur Kamlet

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.