1098

[Mrmrsrutledge]

I filed my taxes earlier this week but i just received another 1098 in the mail! how can i amend my taxes to add this new 1098? 

[xmasbaby0 · Accepted solution]

You cannot change or add anything on the return that you just e-filed, nor can you stop it.  It is too late, just like when you put an envelope in a US mailbox on the corner.  The IRS does not allow you to take it back.

If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.”  The changes will go nowhere.

Now you have to wait until the IRS either rejects or accepts your return.  If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return. 

 If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return and e-file or mail  it in. You have to be able to work from that return exactly the way it was when it was e-filed originally.  You will need to use a form called a 1040X.

  Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed

[AamilD]

You cannot do anything to your return once you submit them. You will need to wait to see if your return was rejected or accepted. If it is rejected you are able to login to your return to fix what you missed and refile the return.

If your return is accepted, then you will need to file an amended return. You should not try to amend your return until the original return has been fully processed and you have received your refund or your payment has cleared.

Amended returns do not “catch up” to your original return and replace them; they are processed as two separate returns.  

Amended returns have to be printed and filed by mail. It can take the IRS up to 12 weeks or longer to process them. If you are due a larger refund than on your original return, your amended return should only show the difference and you will receive a separate check for it. If you owe money on your amended return, it will show only the new amount owed, you will have to mail a check with the return. 

The option to amend a 2021 tax return will become available later in the tax season.

[Mrmrsrutledge]

Thanks a lot this was very helpful! I guess since my e-file has been accepted already i guess i will have to play the waiting game!