I used TurboTax last year (2023 taxes) and realized I made a $4000 + mistake! For income I plugged in a 1099-R instead of (correctly) a CSA-1099-R. I received a roughly $1000 return, but when I go back and plug in the CORRECT CSA-1099-R form I should have received a return of over $6000!
The CSA-1099-R is for Civil Service pension, and I did my research (a year too late), and determined I plugged in the incorrect "1099". In real small letters on the "1099" it says "CSA" and I originally overlooked that.
How do I go back and correct this? File an amendment? I see I have that option when I launch TT, but I've never done this and not sure what to expect. OR should I go to an "official" tax preparer and have them go over it?
Thanks,
TB2
Yes, we can help you amend your CSA 1099-R.
You will be working with the Desktop version of TurboTax to post the amendment.
After I correct it, do I simply re-submit it back to the IRS the same way I originally submitted it? This is a tax return that was placed early last year and has already been filed and the return received.
Can I expect them to reimburse me the amount I mis-reported?
Thanks!
TB
You'll need to print, sign, and mail the tax return. It can't be e-filed through TurboTax. The IRS will issue any additional refund that's due to you based on the amendment.