Submitted By: Harriet
Answered: August 19, 2016 12:02 pm

I just realized I forgot to attach Schedule B to my 2015 Form 1040 that I filed in April. What should I do now?

You don’t have to file an amended return or contact the IRS. The IRS will contact you by mail and ask that you send the schedule. The IRS letter will have instructions on where to mail it.

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Tax Glossary

Appreciation in value

Increase in value of property due to market conditions. When you sell appreciated property, you pay tax on the appreciation since the date of purchase. When you donate appreciated property held long term, you may generally deduct the appreciated value.

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