Questions tagged [amended-tax-return]
The amended-tax-return tag has no usage guidance.
76
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Does amending taxes affect future QBI loss carryforward?
When an S-Corp shareholder deducts losses, those losses reduce subsequent years' QBI Deduction (Form 8995, line 3 Qualified business net (loss) carryforward from the prior year). But what happens if a ...
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Best Option to Fix IRA Contributions and Do I Need to Do Tax amendments for Previous Years
Please help!!
I contributed $6000 to Roth IRA in 11/3/2020. In 12/22/2020 I contributed to Traditional IRA $6000 (I did not know that $6000 was for the combination of Roth and Traditional). In 1/14/...
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IRS Notice LTR 105 C Disallowed claim
I paper filed an amendment for my 2020 tax return which was processed with Single status. Because unavailability of ITIN, I could not include my spouse in the 2020 tax filing.
ITIN for a spouse was ...
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I forgot to include $10 in interest in my tax return. My tax liability did not change. Should I file an amended return?
The title pretty well summarizes the issue. I filed my taxes and then almost immediately realized that I forgot to include $10 in interest that I got a 1099-INT for. Running through the calculations, ...
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IRS debt collection for tax that the IRS thinks is owed due to mistakes in tax return
When I was younger (many years ago, had just turned 18 and moved out of my parents), I briefly worked in a company part-time while attending college. The college gave me a tuition scholarship and a ...
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Forgot to submit 2020 tax return, now file amendment?
I knew I would get a refund for 2020, so I didn't have to file by the normal deadline. At some point in 2021 I prepared a return (with Turbo), used it for a financial aid application, and then ...
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Unvested "RSE" on W-2 Box 14
My spouse's employer has granted him RSUs (which for some reason they call RSE) as part of a long term incentive plan. It is a set amount granted ever year over the past 3 years, but none of it has ...
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How to correct or amend mistake on form 8829
I have a question regarding how to correct a mistake I made on my 2020 taxes on form 8829 regarding business use of my home.
For line 38 for the value of land for my home, I indicated $0 instead of ...
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How to attach amended federal tax return to fresh California tax return?
California income tax (paper Form 540) requires attaching a copy of the taxpayer's federal return. If, when filing a given year's California Form 540 for the first time (not amended), the federal ...
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Do I need to file an amended US tax return for a missing 1098?
I just filed my 2021 US form 1040 tax return yesterday. Earlier today, I discovered that I'd missed entering a form 1098.
I used TurboTax to do the filing, so I opened it up and clicked the "file ...
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Filing tax amendment for 2020
I live in California, and while doing this years taxes I realized that I forgot to file a 1099-R in last years return. So I want to file a tax amendment 1040-X now.
I used TurboTax to generate this ...
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Amended tax return (child tax credit). Received refund of $1207 instead of $1500
Due to lost SSN mail I was unable to claim full child tax credit on my original 2018 and 2019 tax returns. So I was getting $500 child tax credit instead of $2000.
After finally learning the SSN for ...
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can I retroactively make a Roth contribution based on an amended 2020 return?
In 2020, wife and I filed separately. She was unable to make an IRA contribution (a deductible one, at least) due to being highly-paid and covered by a retirement program at work, and I was unable, ...
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529 college saving plan only affect state tax return but not federal tax return, correct?
I just realized that the 529 plan contribution deadline is the end of the calendar year. So my first-time 529 plan contribution that happened a few days ago should not be counted in the year 2020 tax ...
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I just mailed my 2020 federal tax return with my NRA spouse's SSN left blank. What outcome should I expect & what course of action should I take?
I am a US citizen living in the UK with my British husband. I file my taxes as married filing separately and my husband is not required to file with the US so has no SSN or TIN. I sealed up and mailed ...
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How late could I receive a corrected 1099?
(Background: in March 2020, I received a corrected 1099 for tax year 2019 from Robinhood.)
How late could a corporation like Robinhood file a corrected 1099 if they made an error? The 1099 I received ...
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Amending previous years tax return without filing a whole new return
I filed my 2019 tax return, but realised that I omitted about $40 of account interest. My account has said it'll cost $1000+tax to make the amendment. I'd rather just give IRS the whole $40. Is there ...
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In what circumstances, if any, is it advisable to file 1040-X before the original return is processed?
Some sources suggest "never":
You must wait until the IRS has processed your tax return before making corrections.
Or suggest "never if your original return claimed a refund":
...
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Amend return after accepting IRS's proposed changes?
The IRS sent me a note proposing changes to my 2018 taxes, and asking me to pay them a few thousand dollars.
I accepted their changes and paid them.
I've now learned that their changes were wrong and ...
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Sent my amended tax return by UPS on July 14. Will it be accepted?
Deadline is tomorrow (July 15) and my documents will be delivered on Thursday (July 16). Yet I managed to hand it over to my nearest UPS (the private company, not USPS) today (July 14). Will it be ...
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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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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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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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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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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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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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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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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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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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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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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 ...
user40269
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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