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I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

 
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LinaJ2018
Intuit Alumni

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

Update:  No More Overall Limits

Itemized deductions were limited through the tax year 2017 when a taxpayer's AGI exceeded certain limits. These thresholds were called Pease limitations.

 

The total amount of the itemized deductions you could claim used to be reduced by 3% of the amount by which your AGI exceeded that year's threshold up to 80% of your total itemized deductions.  This is no longer the case. The TCJA has repealed Pease's limitations through at least 2025 when the law sunsets or expires unless Congress acts to renew it. 

 

[Edited 3/10/2020 2:01 PM]

View solution in original post

6 Replies

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

Our itemized deductions are much higher. I amended our return, but it didn't change the itemized deduction amount. TurboTax also didn't give me an amended Schedule A. The Schedule A that printed out with my amended 1040 still has a 0 in the "Mortgage Insurance Premiums" section. Also, I'm trying to look up my amended return on TurboTax and there is no record of it. Getting very frustrated...
LinaJ2018
Intuit Alumni

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

I have edited my answer below. I hope it will be helpful in resolving your issue.
LinaJ2018
Intuit Alumni

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

Update:  No More Overall Limits

Itemized deductions were limited through the tax year 2017 when a taxpayer's AGI exceeded certain limits. These thresholds were called Pease limitations.

 

The total amount of the itemized deductions you could claim used to be reduced by 3% of the amount by which your AGI exceeded that year's threshold up to 80% of your total itemized deductions.  This is no longer the case. The TCJA has repealed Pease's limitations through at least 2025 when the law sunsets or expires unless Congress acts to renew it. 

 

[Edited 3/10/2020 2:01 PM]

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

No, our itemized deductions are much higher. I amended our return, but it didn't change the itemized deduction amount. TurboTax also didn't give me an amended Schedule A. The Schedule A that printed out with my amended 1040 still has a 0 in the "Mortgage Insurance Premiums" section.

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

Thank you so much!! I deleted the amended returns. Found the issue...AGI doesn't meet the criteria needed to amend. Thanks again!
LinaJ2018
Intuit Alumni

I amended my return due to a corrected 1098. However, my 1040X didn't change and I don't have an amended Schedule A. What do I do?

You are very welcome!
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