Questions tagged [amended-tax-return]
The amended-tax-return tag has no usage guidance.
75
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16
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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, ...
- 283
16
votes
2
answers
5k
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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 ...
- 161
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votes
3
answers
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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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7
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1
answer
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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":
...
- 29.3k
6
votes
1
answer
824
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What are the potential penalties for filing an erroneous tax return, if I amend the return immediately?
In prior years, my school partnered with a certain accounting firm to provide us with 1098-Ts. Up until November of 2011, I was receiving emails from them mentioning this service. In January, their ...
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6
votes
2
answers
501
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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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6
votes
2
answers
446
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Paid part of my state refund back last year; now must declare the initial amount as income?
Sorry for the terse title, here is a more fleshed out explanation:
When I filed my 2011 taxes last year, I received a refund from my state of residence (Arkansas). Later last year I had to amend my ...
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5
votes
2
answers
303
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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 ...
- 52.3k
5
votes
1
answer
233
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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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5
votes
1
answer
725
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If I amend my federal tax return before I file my state taxes, what do I do?
I filed my federal taxes a couple of weeks ago, then realized I needed to amend them, so am going to file a 1040X in the next week or two. I have not yet filed my state (Oregon) taxes. I've been using ...
- 2,020
5
votes
1
answer
117
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Do I file 1040 when amending if 1040 has not changed?
If I am amending my tax return by only updating form 8606 for which there is no change to any numbers on form 1040, do I need to include my 1040 over again? I know I need to include the 1040x, but it ...
- 1,793
5
votes
0
answers
137
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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 ...
- 51
4
votes
1
answer
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Tax return accepted, amended return rejected
My original tax return was efiled and accepted by both US and state. I originally forgot to include daycare expenses for my daughter which would have provided an additional several hundred dollars to ...
- 534
4
votes
1
answer
154
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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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4
votes
1
answer
1k
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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 ...
- 183
4
votes
1
answer
141
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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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4
votes
1
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349
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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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2
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338
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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, ...
- 169
3
votes
1
answer
173
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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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3
votes
1
answer
107
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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 ...
- 43
3
votes
0
answers
98
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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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2
votes
1
answer
98
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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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2
votes
1
answer
127
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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 ...
- 97
2
votes
1
answer
103
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Deducting last years (undocumented) side business loss
Last year (January 2011-August 2011) I hired a company in Europe to build me a software product, which I intended to resell as a for profit business. I am a us citizen and have lived and worked here ...
- 21
2
votes
1
answer
169
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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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2
votes
1
answer
166
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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 ...
- 121
2
votes
1
answer
84
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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 ...
- 277
2
votes
1
answer
124
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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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2
votes
1
answer
1k
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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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1
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57
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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 ...
- 21
2
votes
1
answer
104
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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 ...
- 3,100
2
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0
answers
79
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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 ...
- 21
2
votes
0
answers
72
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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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2
votes
0
answers
171
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?
- 21
2
votes
1
answer
1k
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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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1
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1
answer
4k
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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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vote
1
answer
362
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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 ...
1
vote
2
answers
1k
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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 (...
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1
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273
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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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1
answer
2k
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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 ...
- 11
1
vote
1
answer
119
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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 ...
- 469
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2
answers
127
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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:
...
- 275
1
vote
1
answer
164
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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 ...
- 111
1
vote
1
answer
55
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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 ...
- 11
1
vote
1
answer
82
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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 ...
- 29.3k
1
vote
1
answer
149
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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 ...
- 389
1
vote
1
answer
42
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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 ...
- 133
1
vote
1
answer
37
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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 ...
- 147
1
vote
1
answer
143
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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 $...
- 3,501
1
vote
1
answer
679
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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 ...
- 498