Amended Return (Form 1040X)
An amended return, also known as Form 1040X, is used to correct errors or make changes to a previously filed tax return. It's your chance to fix mistakes and potentially get back money you're owed.
Adjusted Gross Income (AGI)
Adjusted Gross Income (AGI) is your gross income minus specific deductions. It's a crucial figure that affects many tax benefits.
Abatement
An abatement is essentially a reduction or cancellation of a tax, penalty, or interest owed to the IRS or state tax authorities. It can offer relief to taxpayers who have legitimate reasons for not meeting their tax obligations.