I just filed for taxes this morning, and I didn’t know that I could claim that I went to school full time for a year during 2023, how would I change that on my tax return

[johnson-jarrett9]

I know that I will have to amend this, but I’m not sure exactly how to go about this

[xmasbaby0]

Did you click that big orange button that said “Transmit my return now?”  If you did that, you cannot do anything to fix it yet.  You have to wait for the email that tells you if your return was accepted or rejected. The IRS will begin to accept/reject e-files on January 29, so your email will come on or after 1-29.

You cannot change or add anything on the return that you just e-filed, nor can you stop it.  It is too late, just like when you put an envelope in a US mailbox on the corner.  The IRS does not allow you to take it back.

If you left out a W-2, a 1099G, or a dependent, or a 1099 etc…DO NOT change your return while it is “pending.”  The changes will go nowhere.

Now you have to wait until the IRS either rejects or accepts your return.  If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return. 

 If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return and e-file or mail  it in. You have to be able to work from that return exactly the way it was when it was e-filed originally.  You will need to use a form called a 1040X.

  Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed

[MayaD]

Form 1040X Amended U.S. Individual Income Tax Return won't be available until 02/21/2024. 

There are specific credits and deductions available to help with the cost of education. Most education tax credits are taken by parents. 

If your parents are claiming you as a dependent, they should report form 1098-T on their return. 

If you're not being claimed as a dependent, enter the 1098-T on your return regardless of who paid the tuition, unless it was your employer. In that case, just keep the 1098-T with your tax records

To report form 1098-T:

• Login to your return.
• Select Federal from the left menu.
• Go to Deductions and Credits.
• Scroll down to Education.
• Click start next to Expenses and Scholarships (Form 1098-T)