Some people affected by Hurricane Harvey and other federally declared disasters may want to consider amending their 2016 tax returns, says Mark A. Luscombe of Wolters Kluwer Tax & Accounting. If you have already filed your return for 2016, as most taxpayers have, you may file an amended return for that year, claiming your disaster losses there. — File a separate Form 1040X return for each tax year you are amending. Usually, the extended filing deadline is Oct. 15, but that falls on a Sunday this year. Most taxpayers filed earlier this year.

Source: Wall Street Journal September 11, 2017 02:10 UTC