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IRS Link to Form — Found Here
Form 1040-X is the amendment form used to change previously submitted information from the 1040, 1040-A, or 1040-EZ tax filing form.
The taxpayer has 3 years to file the 1040-X to make changes. The 1040-A and EZ are simpler versions of the 1040 which can be used by individuals who have relatively simple filings to do, and have modest household income.
The 1040-X requires a line-by-line amendment request and explanation of why the changes are being requested. You will also need to attach supporting documents that provide more information about the changes being requested.
Common reasons are for a self employed individual to carry-back and net operating loss (NOL), to claim a tax credit or deduction for something that you didn’t realize was eligible, or to change a filing status to head of household or married filing jointly if you have discovered that it would be more advantageous to you.
Net long means to own more long positions than short positions. Being long means to own a security or derivative
Stochastics is a methodology for technical analysis as following the “speed or the momentum of the price”
A bond is a contract which “binds” the lender to the debtor, where an individual investor is generally the lender and...
There are many ways to diversify a portfolio, but all of them center around a strategy of owning different types of asset classes
Leveraged loans are typically targeted at companies that already have a significant amount of debt and may be limited
Inflation is the increase in the cost of goods and the decrease in the buying power of a denomination of currency
Earnings surprises occur when the reported quarterly or annual earnings of a company are different than they were...
An income property is a piece of developed commercial or residential real estate that is used by a third party tenant
Publication 505 serves as a guide to make sure all goes smoothly for people and their withholding requirements
The Rectangle Top pattern forms when a currency pair's price is stuck in a rangebound motion, between support and resistance