Forgot to report 1099 and one on last year’s taxes. Both from RobinHood trading. I have less than $1,000 and forgot about it. Do I import that to TurboTax when available and file an amendment?

[HelenaC · Accepted solution]

Yes, you will have to amend your income tax return. Please read the instructions below before you start to amend your income tax return.

Until your return moves into accepted status, you won't be able to amend. In fact, you won't be able to do anything with your return.

But here's what you can do in the meantime:

• Keep checking your e-file status or watch your email inbox for a status update.
• Once your return is accepted or Form 1040X is finalized (whichever comes later), you can amend. (If your return gets rejected, make the necessary changes before re-sending or filing.)
• If you're amending to claim more money, the IRS says to wait until you've received your original refund before filing an amendment.
• Once you've received your original refund, feel free to cash or spend it while your amendment gets processed (this can take 12–16 weeks).
• The IRS Form 1040X for 2017 won't be available until late January or early February 2018. To check back and see if Form 1040X is available, click on How to amend (change or correct) a return you already filed.
• Three weeks after you mailed your amendment, you can start tracking its progress at the IRS Where's My Amended Return? site.

Related Information: 

• What does it mean to "amend" a return?
• Can I cancel a pending return?
• How do I cancel or undo an amended return in TurboTax Online?
• How do I cancel or undo an amended return in the TurboTax CD/Download software?

[jbarr83]

Thank you! I’ll for sure be doing this when 1040x and RobinHood import is available. I feel much more at ease now.

[HelenaC]

You are very welcome. Thank you for using TurboTax, we really appreciate it! Have a great year!