We see it often with ER Docs due to the complexity of their finances – 1099 income, changing job/contracts, multiple sources of income… What do you do now? Whether the mistake or development is in your favor or the government's, filing an amended tax return is often the next step. But amending a return can be tricky. So, in this episode, we break down this process: when it’s appropriate, how long you have to do it, and the potential upsides and downsides.
- The significant delays in returns that are currently happening.
- How to find the status of your refund.
- How long you have to make an amendment.
- Common misconceptions around tax returns.
planning, financial planning, ER doctor, doctors, finances, advice, investments, taxes