amend a return

Forum|Forum|5 years ago
March 5, 2021
4 replies
4 views

I completed my taxes and efiled them around Feb 20th, 2021. They were accepted by the IRS and I have since received my federal payment. However I have discovered that I made a mistake and have been trying to amend my return. Turbo tax will not allow me to do this. I have amended my tax return but now I don't know what to do about it. Please advise.

Amend

DW261

Level 2

While IRS is now accepting 2020 amended returns, Turbo Tax has not yet updated this feature in their desktop software. When I try to amend a previously e-filed, accepted, and fully processed 2020 return in my Turbo Tax desktop version, I get the message "The Amended Return Area Will Be Ready Soon. You've done a great job starting your taxes early, but the IRS is still working on finishing up the Amended Return area (Form 10-40X) for 2020. That Means this area isn't quite ready yet." The IRS website has instructions on how to file an amended return for 2020. About Form 1040-X, Amended U.S. Individual Income Tax Return | Internal Revenue Service (irs.gov)

debe02Author

Level 2

Well, while I am waiting for the amended form, my son can't submit his taxes because I mistakenly claimed him on mine which is why I need to amend my taxes. When can we expect to be able to get this taken care of?

VolvoGirl

Level 15

Your son does not have to wait for your Amended return to process. Since he has to mail his return this year. Once a ssn has been used you can efile it again even if you amend.

ptnancy

Level 2

When will I be able to amend 2020 tax return

DoninGA

Level 15

@ptnancy wrote:

When will I be able to amend 2020 tax return

If the return is accepted you will have to amend your original tax return. An amended return, Form 1040X, can only be printed and mailed to the IRS if the original tax return was not e-filed. The IRS will take up to 16 weeks or longer to process an amended tax return.

Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.

See this TurboTax support FAQ on amending a tax return originally completed and filed using the 2020 TurboTax online editions - https://ttlc.intuit.com/community/amending/help/how-do-i-amend-my-turbotax-online-return/01/27577

The IRS Form 1040-X for amending a 2020 tax return is scheduled to be available on 03/25/2021 (subject to change)