Amend return ESOP exclusion

Outlaste17 · Apr 12, 2023 9:56:10 AM

<P>I need to amend 2019 & 2020 tax returns. We weren’t supposed to have the additional 10% tax on early distribution from ESOP since it’s excluded seen below: </P><UL><LI>Distributions of dividends from employee stock ownership plans.</LI></UL><P>Which form do I use? I have the 1040x. I only filed with TurboTax the last 2 years and they can’t be done electronically for 2019 & 2020 - have to do them manually. </P>

I need to amend 2019 & 2020 tax returns. We weren’t supposed to have the additional 10% tax on early distribution from ESOP since it’s excluded seen below:

Distributions of dividends from employee stock ownership plans.

Which form do I use? I have the 1040x. I only filed with TurboTax the last 2 years and they can’t be done electronically for 2019 & 2020 - have to do them manually.

posted