Do I amend my 2016 tax return before I do my 2017 tax return

[EdwardK]

Generally, it is not necessary but it may be helpful and/or reduce additional work later. If you want/need to file amended tax return(s) and it will effect amounts that carryover, such as depreciation, capital losses, passive losses, etc., then it would be beneficial to amend prior year tax return(s) before completing current year tax return(s). Also, TurboTax usually asks questions about prior year tax return(s) so it would be better if you had the most updated information. Please review the following link(s) and the link(s) embedded on the webpage(s) for more information:

• Can I file a 2017 return if I haven't filed my 2016 return yet?
• When transferring a .tax file, what information carries over to my return?
• What does it mean to "amend" a return?
• Do I need to amend?
• Can I amend if I already received my refund?
• How to amend (change or correct) a return you already filed?
• How do I add another form (like a W-2) or add/change/update something after I already filed?
• How does the refund math work on amendments?
• I received a refund when I filed, but now I owe taxes on the amendment. How do I handle this?
• Can I e-file my 1040X to amend my return?