Скачать или смотреть Software Audit 2024: The "Future Year" Glitch & The 1040-X Fix

You are sitting at your computer in February 2025, filing your 2024 tax return. You trust the software to do the math. But there is a "systemic glitch" experts are calling the "Prior Year Tax Trap." Because tax laws are changing rapidly (specifically the expiration of the Tax Cuts and Jobs Act), some predictive software updates are accidentally applying 2025 deductions to your 2024 return. This artificially lowers your tax bill today, but creates a "Phantom Refund" that the IRS will demand back with interest.

As The Finance Observer, I’ve performed a forensic review of this "Calendar misalignment" and the specific "Availability Heuristic" that makes us blind to the error. In this video, we dissect the Standard Deduction glitch (using the 2025 inflation adjustment instead of the 2024 limit), the "Double Torpedo" effect this error has on Retiree Medicare premiums, and the specific 3-year window you have to fix it with Form 1040-X.

FORENSIC BREAKDOWN:

0:00 The "Future Year" Trap: Why software applies 2025 rules to 2024 returns

0:38 The "February Window": Why early filers are at the highest risk of this glitch

01:37 The Root Cause: "Predictive Code" vs. Actual Tax Law (The Perfect Storm)

02:22 The Evidence: 2024 Standard Deduction ($29,200) vs. The 2025 Projection

03:14 The Psychology: The "Availability Heuristic" (Why our brains ignore the date)

03:56 The "Retiree Double Torpedo": How this error triggers an IRMAA Medicare spike

04:30 The "Cliff Risk": One dollar over the limit = $1,600/year penalty

05:42 The Solution: Form 1040-X (The "Amended Return" Protocol)

06:23 The Verdict: Why the human eye is still the ultimate audit defense

DISCLAIMER: I am The Finance Observer. This content is for educational purposes only. Tax software updates occur frequently during filing season. Always verify the Standard Deduction amount on Line 12 of your Form 1040 matches the official IRS tax table for the filing year (2024), not the current calendar year (2025).