Amending my 2011 Tax Return, good idea?If i earn enough money to cover the mortgage payment on a 250K home, but last years tax return doesn't nearly show it to qualify me for such a home loan, should i amend last years tax return in order to qualify?First off, it would be quite the altered amendment. I recently learned of a lot of things i wasn't claiming. I don't know how this works. A part of me thinks if I'm saying hey uncle sam i own you a bit more money, after they've already accepted my 2011 return, then why would they care? But i'm self-employed since 09, and will have a bump in AGI and Schedule C deductions i've recently learned i can claim if i do this, so i wonder if the level of amending will upset the IRS enough to audit.Secondly, i wouldn't be looking to even start the home buying process for at least 6 months, maybe longer. So after 2012 tax season, which will not be amended. Would the FHA care that 2011 was amended at that point? I'd be a first time buyer by the way. I have an 800 credit score now, it'll only be higher when it's time. No debt at all, own all my vehicles, never a foreclosure or bankruptcy. I think the only thing that would hold me back, will be 2010's return as is. Really don't want to wait another 1.5 years to move out of this small apartment.Thanks in advance,June 03 2012 - Las Vegas00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.