Form 1040-X is used to obtain a refund when overpaid insurance because of a tax filing mistake from earlier years.

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Form 1040-X is used to amend a previously filed tax return to correct any errors or discrepancies. This can include claiming additional deductions or credits, reporting income that was previously overlooked, or correcting any other mistakes that might have been made. If the amendment results in a larger refund, the taxpayer will be able to receive that refund from the IRS. Therefore, if someone has overpaid their insurance due to a tax filing mistake from earlier years, they can use Form 1040-X to correct the mistake and get a refund.

Form 1040-X Is Used to Obtain a Refund When Overpaid