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.
IMPORTANT: The Department's average response time for issuing a refund is approximately six weeks from when NCDOR receives a taxpayer's return. Response time should be calculated from the date NCDOR acknowledges receipt of the return, not the date when the return was mailed or electronically submitted by the taxpayer.