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Returning Member
posted Apr 15, 2024 3:27:52 PM

Does 2022 amendment effect the 2023 tax return?

Hi,

While filing 2023 taxes, I realized that I made some mistakes in the 2022 return. I am preparing the 2022 amendment and 2023 tax return in parallel.

In the 2022 amendment, I am adding:

  1. New 1099-INT form.
  2. New donation deduction.
  3. Adjustment to stock sale on the cost basis.

With these changes, I am getting an extra refund from the Federal and State (CA).

 

Since the AGI and refund amount for 2022 changed, do I need to use new numbers as per my amendment in the 2023 tax return? I haven't filed the 2022 amendment yet.

 

The one thing I remember is using the state refund from the prior year to report this year. However, that amount has changed now for me with the 2022 amendment.

 

I can't think of any relation between the two tax years as I am not carrying over anything (such as losses or penalties). Do you have any recommendation?

0 1 4704
1 Replies
Expert Alumni
Apr 15, 2024 4:06:20 PM

The state refund amount you report in 2023 would not change as you report the amount you actually received in 2023. If you don't have any loss carryovers, then you shouldn't need to change anything on your 2023 tax return because of your amended 2022 return.