The answer is you should correct your return, if you find out that you:
- Miss to add some income
- Claimed deductions or credits you should not have claimed
- Did not claim deductions or credits you could have claimed
- Should have claimed a different filing status (but once you file a joint return, you cannot choose to file separate return)
Which form should you use?
Form 1040X, enter your original report number and corrected number. Do not forget to show the year of your original return and explain all changes you made.
Time for filing a claim for refund:
Generally, you have 3 years period to correct your tax filing after due date of the year filing which you want to correct or your extended filing date, or 2 years after the date you paid the tax, whichever is later.
Limit on amount of refund:
The credit or refund of your correction cannot be more than the part of the tax paid within the 3-year period.
PSQ
Source: http://www.irs.gov
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