Questions tagged [amended-tax-return]

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Stimulus and adult parental dependent claimed for 2019 [duplicate]

Can I amend my 2019 return to remove my parent as a dependent so they can get stimulus check? I know that it says that if an adult "can" be claimed as a dependent than they aren't eligible but how ...
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147 views

Does claiming my parents as dependents keep them from getting a stimulus check?

I claimed my parents as dependent for 2019 tax return. They are receiving SSA pension and are eligible for EIP/stimulus check. Since I had claimed them on my tax return, did I just make them ...
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26 views

Forgot to include form 1042-s

I am a student on a F-1 visa (nonresident alien), working with a Teaching Assist at my University. I did my 2019 taxes using Sprintax with the information from my form W-2 and I got a refund of $609 (...
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480 views

My parents did not claim me as a dependent but I marked the box on my return saying they did. How does this affect my stimulus?

I'm a working 20 year old living at home with my parents and I thought my parents were going to claim me as a dependent so I marked the box saying I am a dependent. My parents did not claim me and I ...
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1answer
2k views

Should I remove Adult Dependent from my 2019 tax return so they will receive a COVID Stimulus Check?

On my 2019 Tax Return I claimed my 28 year old girlfriend as a dependent. This makes her ineligible to receive a COVID Stimulus Check. My return was already accepted and I have already received my ...
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1answer
50 views

1099-DIV Corrected Line 5: Do I Need to File an Amended Return?

I'd love to know this for both my federal income taxes and Illinois. I just received a corrected 1099-DIV. The only change I can see is to Line 5, which is "Section 199A dividends." The amount was $...
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36 views

Amending tax return to change cost basis of digital assets

I want to know if I can file an amended tax return to change the cost basis for cryptocurrency sold in 2018 ? I've used form 8949 prepared by a CPA to file my crypto related gains for 2017 and 2018 ...
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1answer
142 views

Can I change a cost basis method retroactively?

On Form 8949 of my 2017 tax return, I reported short-term (Box C) & long-term (Box F) "transactions not reported to you on Form 1099-B". Will the IRS allow me to file an amended return that ...
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36 views

IRS (USA) Form 843 - What if you missed the three year deadline to file?

I want to file 843 for a refund for my SS and Medicare taxes. I filed it on 3/30/2016. And it seems like I have missed the deadline [3/30/2019]. What are my options to claim the refund?
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1answer
72 views

HSA contributions made between January 1st 2019 and April 15th 2019

Which year can they be claimed in? Some background: In Feb 2019 I made a deposit of about $2,000 to my HSA so I would max out the $3,450 HSA limit for 2018 (and reduce tax liability). Unfortunately I ...
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4k views

CPA filed late returns, stating I would get money; IRS says they were filed too late

I had a Certified Public Accountant file late returns for 2012, 2013 and 2014, stating I would get money. But IRS says they were filed too late. The CPA charged me $580 to file late returns. He said I ...
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I filed a FICA return and sent it to the IRS, but my company sent me a W2C and also refunded the money. What should I do?

I am an F1 student <5 years in the USA and am eligible for FICA refunds. I contacted my company and told them that I will be requesting the IRS for the FICA refund as I was very close to the last ...
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1answer
235 views

Can I transfer, in 2019, my tuition tax credits from 2009-2015 to my parents who paid all tuition?

From 2009-2015, I was studying in Ontario universities, and made no income. My parents paid all my tuition. I filed my taxes, but didn't know that I could claim tuition tax credits. u/pfc-toss ...
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1answer
103 views

Do I have to pay my tax balance while my amended return is being processed?

I forgot to included a sizable deduction when I filed my original return, but I discovered it and filed an amended return before April 15. The original return showed me owing tax but with the amended ...
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2answers
206 views

Am I required to amend my tax return if I overpaid my taxes?

Long story short: I got a corrected 1099-DIV after filing my taxes. After going through the calculation, it appears that correcting the return would net me an extra $13 refund, i.e. I overpaid my ...
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1answer
97 views

Dealing with an incorrectly filed tax return

Situation I had one company (in another state that I have used for years) file my taxes but when they had finished and sent us the results in the mail we noticed they had filed Married, filed jointly ...
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2answers
65 views

Amend previous return to move estimated payment?

In a complicated situation for 2017 taxes (settled in 2018) (Estimated State payment too big --> money back; + 2018 Tax Reform), it seems like I'd be better off had I made a State Tax estimated ...
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1answer
86 views

What do I need to do if I have received a tax refund before I have submitted an amended return?

I am preparing to send in an amended return today to both state and federal entities. Nothing big just forgot to add a 1099 which barely crosses the threshold for reporting. I had already submitted ...
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0answers
52 views

U.S. Amending Tax - Should a 1040x be made if I forgot to include 1099-r but there is no difference in taxable income?

I was notified last year when I went to the tax office that I didn't include a 1099-r early distribution. This is the distribution in question: I am confused because the TurboTax UI shows my ...
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295 views

Forgot to check “Yes” in the question about the foreign account

In 2017, using Credit Karma, I filed a tax return by must have said "No" to the question about foreign accounts. The max aggregate balance of all my accounts in 2017 was under $10,000 so I didn't have ...
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91 views

Amended return (dead or alive): What address or addresses to use for various forms?

An amended return multiple forms, most of which require an address. But if the address has changed since the original return, then what address do you enter on each form? For example, the amended ...
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88 views

Corrected 1099 resulted in less income, but now I owe more

I submitted my tax return weeks ago. And it has since been accepted. However, this morning I received an updated 1099 from my brokerage which resulted in a $1 difference (rounded). $1 dollar less ...
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1answer
125 views

IRS - Tax return of 2017 - Penalty

My family and I moved to the US, with a job, on May 21 of 2017. Since June of 2017, we have been covered by health assurance through my job. (the form 1095-B from Aetna informs 7 months of coverage). ...
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1answer
156 views

US taxes small mistake that doesn’t change tax or refund

Last week I filed my tax return. For the child care credit, I wrote I spent X dollars. I redid the calculations, and turns out I spent X+6 dollars. This obviously can’t make me owe more taxes and ...
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27 views

Late filing Returns from 2015, 2016 and now 2017. With income in 2015 and 2016, but NOL in 2017

What is the procedure for filing these late returns? Do I file the returns and then file an amended return to show the carry back from the loss from 2017? 2015 AGI $143,567 - after ID and ...
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1answer
37 views

Amended Tax return with ITI

I did my taxes on January as single, because my wife had no ITIN. Then about 5 weeks ago, I did a amended tax return with H & R block as married with the ITIN application for my wife. It been five ...
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104 views

Amending return to include Schedule B?

I included and paid tax on the interest I earned in my foreign account as 1099-INT, but it didn't file a Schedule B or ask if I had foreign accounts. Since the account has over $10k, I need to file ...
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1answer
583 views

I overlooked to file Form 8889 (HSA contribution) on my tax return. Should I file an amended return?

I filed a 1040NR-EZ tax return. Only after I mailed it, I realized that I had an HSA which requires Form 8889 and the non-simplified 1040NR to be filed. My W-2 does show a W contribution in Box 12. ...
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0answers
37 views

Is late income from foreign job before becoming a US resident subject to US tax?

I became a US resident (Green Card holder) in the summer of 2012, so the first tax return ever filed with the IRS was a dual status return for 2012. I used to have a job in my country, that I quit ...
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1answer
104 views

Report capital loss for a year when I did not have income (international student)

I was an international student in 2014 and had no income. So I filed form 8843, which is not a tax return. That year I traded some stocks and incurred a net loss. The standard way to report a past ...
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0answers
137 views

Received late K1, but do not owe any tax. Must I amend my return?

I received a late K-1 form. I already filed my taxes. Do I need to file an amended return even if I do not owe any additional tax?
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2k views

I need to amend my return but I already received check from IRS with my refund. Should I cash it out now or wait until I amend my return?

I need to amend my return, but I have already received a check from IRS (they approved my return that I need to amend). Should I cash out this check and then amend my return, or should I dispose this ...
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1answer
781 views

Missed to file Schedule B with 2016 Tax return for foreign bank account

I e-filed my 2016 tax return few days ago, but for my foreign accounts missed to file Schedule B (the tax software generated only 1040EZ). I have correctly reported the interest income of foreign ...
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1answer
64 views

How do I file an amended tax return if I overpaid last year? [duplicate]

I just found out that I overpaid my taxes by a significant amount last year. I suppose I need to file an "amended return" in order to get my money back. The problem is that if I just fill out the ...
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1answer
36 views

Tax Amendment 2014

I am on H1b Visa and my husband is with me in US under F1 visa (Got SSN) from December 25,2015. I filed for tax returns with option "Married filing jointly" this year . But last year my husband was in ...
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2answers
96 views

How can I estimate late fees + fines for amended tax returns?

I'm a Maryland resident. Last week, I had an accountant prepare an amendment to my 2013 tax returns (which I filed in early 2014). This amendment means I will have to pay some extra taxes for 2013: ...
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1answer
86 views

2014 charitable donation (via check); cashed in 2015; can I include on 2015 taxes?

I mailed a check as a donation to a charitable org on 31 Dec 2014. It was cashed on 9 Jan 2015. I intended it for 2014 taxes, but forgot to include. Since it was cashed in 2015, can I include it on ...
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2answers
5k views

How do I amend an amended tax return?

I filed my taxes early this year. Then I realized I forgot a W-2. TurboTax told me they weren't ready to process amendments yet, but I was impatient. I found a way to fill out an amendment form, so I ...
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1answer
285 views

Name order on separate to joint tax return amendment, only one filed so far

My wife filed a separate return, and we now want to file jointly. I haven’t filed a return yet. My understanding is that her return needs to be amended in this situation. The 1040x instructions (https:...
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1answer
50 views

Penalty paid on tax return do i need to amend/modify any changes online

I filled my last year's return only and I got penalty for some amount. I paid that penalty amount but wondering do I need to amend/modify any changes online in my last year's tax return or anything ...
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1answer
1k views

I filed my 2015 taxes with 1040 using TurboTax, but I am F1 student. How should I file for amendment

I am on F1 Visa(International student). I have a W2 from my summer internship. I accidentally filed my taxes using TurboTax with 1040A, but I need to file with 1040NR. How should I file for amendment?
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1answer
85 views

Amending 2015 Tax Return?

When I filed my original Form 1040, I owed the IRS $274. After the return was accepted, I realized I could be claimed as a dependent and now need to amend. The amended Form 1040 shows that I owe the ...
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1answer
211 views

Should amended taxes be filed if refund remains unchanged?

I received a 1099-R form from a previous employer after my federal and state taxes were filed and accepted. It was for a small distribution from a pretax account that was part of a profit sharing ...
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1answer
316 views

How do I file a 1040x amended tax return for a year that has already been adjusted?

For tax year 2014, we submitted our tax return through TurboTax in early 2015. We received our refunds (Federal/State) a few weeks later. In the summer of 2015, we received a letter from the IRS ...
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1answer
183 views

Does FTB accept amended tax returns over Fax?

So I sent Letter of Explanation over regular mail to Franchise Tax Board. I called them and they claim not to have yet received and/or scanned it. And instead suggested to Fax it. However, I could ...
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1answer
102 views

When amending a tax return to include a futures loss carry back, are you not allowed to include a Schedule C?

In 2013, I had profits from trading futures contracts, and that profit was reported on Form 6781 of my 2013 tax return. In 2014, I had losses from trading futures contracts. My CPA is amending my ...
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1answer
584 views

When filing for an NOL, do you have to file the amended previous years' returns after the NOL return?

I have been doing a lot of day trading the last few years. In 2013 I made a lot of money (tens of thousands in profits), but in 2014 I did poorly and lost tens of thousands. My CPA said that due to ...
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1answer
1k views

How to amend an amended return?

I made a real mess of my taxes this year. I filed an amended return with the IRS that turned out to be incorrect. The amended return included a sale of restricted stock units. Unfortunately, I got ...
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1answer
127 views

Can amended tax return filed before tax return cause errors?

I'd like to ask about a notice I received from the IRS today. The notice requests more information about a certain line and correction of figures on a certain column on my 2013 amended tax return. I ...
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2answers
880 views

Reporting 1099-? (takes place of 1099-G and 1099-INT) on tax return?

After filing my return, I received the following tax form (sample). The form notes "THIS FORM TAKES THE PLACE OF FEDERAL FORMS 1099-G AND 1099-INT" but neither seems like G (unemployment) nor INT (...