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New Member
posted May 1, 2024 11:37:35 AM

How do I amend a past years taxes?

I failed to add depreciation on a rental.

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1 Replies
Level 15
May 1, 2024 11:38:34 AM

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

 

Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.  

 

You can watch for information here:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1