We changed our privacy policy. Read more.

Questions tagged [amended-tax-return]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
1
vote
1answer
50 views

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 ...
5
votes
0answers
128 views

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 ...
0
votes
2answers
64 views

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 ...
1
vote
1answer
41 views

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 ...
6
votes
0answers
79 views

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": ...
2
votes
1answer
75 views

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 ...
0
votes
1answer
124 views

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 ...
0
votes
0answers
44 views

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 ...
1
vote
1answer
247 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 ...
0
votes
0answers
175 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 (...
1
vote
1answer
2k 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 ...
1
vote
1answer
4k 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 ...
1
vote
1answer
78 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 $...
1
vote
1answer
477 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 ...
1
vote
0answers
42 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?
1
vote
1answer
80 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 ...
16
votes
2answers
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 ...
2
votes
0answers
68 views

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 ...
1
vote
1answer
430 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 ...
4
votes
1answer
117 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 ...
5
votes
2answers
264 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 ...
2
votes
1answer
110 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 ...
0
votes
2answers
67 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 ...
1
vote
1answer
103 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 ...
2
votes
0answers
66 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 ...
1
vote
0answers
523 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 ...
3
votes
0answers
93 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 ...
1
vote
0answers
92 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 ...
4
votes
1answer
135 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). ...
3
votes
1answer
163 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 ...
1
vote
0answers
30 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 ...
0
votes
1answer
40 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 ...
1
vote
0answers
124 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 ...
2
votes
1answer
1k 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. ...
1
vote
1answer
149 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 ...
2
votes
0answers
143 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?
8
votes
3answers
3k 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 ...
0
votes
1answer
862 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 ...
0
votes
1answer
65 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 ...
0
votes
1answer
38 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 ...
1
vote
2answers
103 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: ...
3
votes
1answer
97 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 ...
1
vote
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 ...
4
votes
1answer
318 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:...
2
votes
1answer
52 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 ...
2
votes
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?
2
votes
1answer
93 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 ...
5
votes
1answer
215 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 ...
1
vote
1answer
339 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 ...
0
votes
1answer
212 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 ...