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New Member
posted Apr 17, 2022 11:23:33 AM

I just filed my Federal and state taxes online using TurboTax and forgot to include capital gains loss and the schedule D form. How do I amend this to include it?

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2 Replies
Level 15
Apr 17, 2022 11:29:05 AM

 

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

Expert Alumni
Apr 17, 2022 11:34:28 AM

You will have to wait until it is accepted by the IRS before you can amend it.

 

There are a few things you need to know before you can start the amendment process:

  • To amend your 2021 return, you need to use the same TurboTax account that you used to file your original 2021 return.
    • If you don’t see your 2021 return under Your tax returns & documents on the Tax Home screen, you might be in the wrong account. Use our account recovery tool to find all of your accounts.
  • Make sure you really need to amend, and that your 2021 return was accepted. You can't amend a return that hasn't been filed yet.
  • If you don’t need to amend, and instead want to view, print, or download your 2021 return, follow these instructions.
  • If you used TurboTax Free Edition, you'll need to add PLUS to amend your return.

When you're ready to amend, select your product below and follow the instructions.

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