In computing lease payments, the amount to be recovered by the lessor is the. cost of the leased asset less the asset's residual value. cost of the leased asset less the present value of the asset's residual value. fair market value of the leased asset less the asset's residual value.
A Form 1040X-Amended Tax Return can take up to 16 weeks to process once the IRS receives it. It can take up to three (3) weeks from the date you mailed it to show up in our system.
The IRS states that it issues most refunds within 21 days of accepting the return. However, most individuals have actually reported a much faster turn around. Many factors can end up delaying a refund being issued by the IRS, such as mistakes on the return, questionable information or repeat transmissions.