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Level 2

Question

1099-C

Forum|Forum|5 years ago
February 3, 2021
1 reply
0 views

I received a 1099-C after filing taxes for 2020. IRS has not yet acknowledged receipt of return. Can I recall or cancel 1st return and resubmit to include information on 1099-C. I don't think it will have any impact on tax return

Alumni - Champ

The IRS will start processing returns on Feb 12. Until then TurboTax will hold your pending e-filed return. Pending returns can not be changed. If the return is accepted you will get an email. If the return is rejected the e-mail will tell you what to correct and you can make changes before

e-filing again. Amend to change an accepted return. Instructions below. https://ttlc.intuit.com/community/amending/help/how-to-amend-change-or-correct-a-return-you-already-filed/00/25588

Level 2

Thank you, I will wait until I hear something from the IRS when they begin processing my tax return.