Amended Return Calculator

Formula

The formula to calculate the Amended Return (AR) is:

\[ AR = OR + AA \]

Where:

$ AR $ is the amended return
$ OR $ is the original return ($)
$ AA $ is the amendment amount ($)

What is an Amended Return?

An amended return is a tax return that is filed to correct errors or make changes to a previously filed tax return. This can include correcting income amounts, deductions, credits, or other tax-related information. Amended returns are typically filed using a specific form provided by the tax authority, such as the IRS Form 1040X in the United States. Filing an amended return can result in an additional refund or an increased tax liability, depending on the nature of the changes made.

Example Calculation

Let's assume the following values:

Original Return (OR) = $1,000
Amendment Amount (AA) = $200

Using the formula to calculate the Amended Return:

\[ AR = 1,000 + 200 = 1,200 \]

The Amended Return is $1,200.