I am trying to amend previous returns to correct some calculation mistake in the year end balance of form 8891. My question is do i have to fill out all the part I information even if there is no change in any of the numbers? Can I just use Part II and explain that I need to amend 8891?
Thanks
Ken
form 1040x for 8891
Moderator: Mark T Serbinski CA CPA
I wouldn't bother to correct the 8891, unless you left it blank. Just put the right value next year. there is nothing that is calculted based on that value, it is simply a reporting mechanism.
But, in general, if you are filing 1040-X just to correct something other than income, deduction, or credit, simply submit a 1040-X ,mention what you are submitting it for "..... xxx purpose and no income, deduction, or credit is beinga amended", and leave all the other lines blank.
But, in general, if you are filing 1040-X just to correct something other than income, deduction, or credit, simply submit a 1040-X ,mention what you are submitting it for "..... xxx purpose and no income, deduction, or credit is beinga amended", and leave all the other lines blank.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best