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Returning Member
posted May 28, 2022 7:18:51 AM

Amending Return Form 8888 Errors

When amending my 2021 return, the review displays errors for the Form 8888 bond purchase on the original return.  Do I ignore the "errors" and continue with e-file assuming only the 1040-X will be transmitted?  The amendment is for a change to long term capital gain on a K-1.

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6 Replies
Level 15
May 28, 2022 8:27:37 AM

To efile the amended return you must REMOVE the prior used for, 8888 and only choose to have the refund check mailed to you ... that is the only valid option for a 1040X. 

Level 3
Jun 14, 2023 6:58:30 AM

I think I have a similar problem:  

 

I am filing an amended return for 2021 -- adding in an omitted bank interest payment.

 

This means that I will owe some money.  The 1040-X reflects this properly, but I basically have to subtract out the omitted bank interest payment on the Form 8888 to get TurboTax to let things slide.  But this seems to be moving in the wrong direction, since the last thing I want at this point is for the IRS to refund me more money.

 

I have to submit on paper.  Am I okay to just ignore the Form 8888 reconciliation in TurboTax and not send that along when I send in the amended return 1040-X with revised 1040?

Level 15
Jun 14, 2023 3:14:51 PM

Since the 8888 is not used with an amended return that you mail in simply don't send it.

Level 3
Jun 15, 2023 6:21:05 AM

Thank you for the prompt reply.  I agree that there is no need to submit Form 8888 as part of an amended return.

 

I am filing on paper. Removing Form 8888 physically is not a problem.

 

But what about the box that is still checked on line 35a of page 3 of the 1040 form? I would like to un-check the box, but can not figure out how to do that for an amended TurboTax return.  Is there a way to do it?

 

If not, should I --

  • just leave the box checked, since it is not important?
  • put white-out or something similar on the physical copy?
  • print a blank copy of p. 3 and hand-fill it?

Level 15
Jun 15, 2023 7:04:48 AM

When you mail in an amended return 1040 x you do not also mail in the new 1040 Sr that was generated. That new 1040 is for your viewing only so that box being checked is immaterial.

Level 3
Jun 15, 2023 7:26:50 AM

Ah, fascinating -- I missed that!

 

In my case, I have added previously unreported bank interest income.  On the TurboTax file-by-mail instructions, it says:  

 

"Be sure to attach all forms or schedules that changed to your amended return."


So I would include the Schedule B (interest) in what I mail to IRS?