Question

Alaina filed her 2024 federal income tax return on April 1, 2025. Two weeks after filing, she realized she did not claim the Saver's Credit. What is the latest date on which Alaina can file an amended return to receive a refund?
Two years from the date the tax was paid, no matter when the return was filed.
Three years from the date the original return was filed, no matter when the tax was paid.
The later of either three years from the date the original return was filed or two years from the date the tax was paid.
There is no time limit on filing amended returns.

Answer 1

The later of either three years from the date the original return was filed or two years from the date the tax was paid.

Explanation: refund claims (including for the Saver’s Credit) generally must be made on Form 1040‑X within 3 years after the original return was filed or within 2 years after the tax was paid, whichever is later.