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Level 2
posted Feb 28, 2020 6:03:57 PM

Amending 1099-R

Hi everyone, I'm just so stressed about this whole process of amending this 1099-R form. I didn't rollover so I was sent the money. Got the forms late after my return was accepted, so I see how much I need to pay back. My question is do I pay this through the IRS? Can I pay this online? And lastly what will happen if I wanted to wait until next year's return? 

0 2 793
2 Replies
Expert Alumni
Feb 28, 2020 6:27:53 PM

You have 3 years to FILE the amendment (a 2019 1099-R has to be included with your 2019 tax return - you can't file it on your 2020 return), but you need to pay the tax due by 04/15/20 to avoid any interest.  And yes, you can pay directly through the IRS's payments website.  

Level 2
Feb 29, 2020 4:16:36 AM

Thank you so much!