Amended tax return for 2021

Forum|Forum|3 years ago
December 11, 2022
1 reply
14 views

After filing my return for 2021, I realized there was an error in my 2020 return -- basically, I had forgotten to deduct capital losses carried forward from 2019. I filed an amendment for the 2020 return back in May 2022, but I haven't heard anything from the IRS yet (it doesn't show up on the amended tax return status website either). The error also affects my 2021 return, but I was advised to wait till the 2020 amendment was processed. But, given how long it is taking, I am wondering if I should file the 2021 amendment as well?

NCperson

Level 15

@vvenkate - IRS is backlogged and amendments are taking 6-9 months. Continue to be patient; you are probably nearing the top of the queue.

In June the IRS had 2 million amendments backlogged. That is now down to 800,000.

Agree you should wait for the 2020 amendment to process before submitting 2021. There is plenty of time on 2021 - the deadline is April 17, 2025

keep checking this website (once per week):

https://www.irs.gov/filing/wheres-my-amended-return

fanfare

Level 15

if you follow the "advice" and wait to file 2021 amendment and then wait for that one, you will miss the e-File deadline for 2022 tax return. If you request an extension of time for 2022, you could still be waiting in Oct 2023.

@vvenkate