I received an EDD payment back in January when my daughter had covid. I forgot to disclose this before I filed my taxes. Will I be audited for this?

[xmasbaby0]

Are you asking about the 2022 return you just filed?  And you left out income that should have been entered?

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.

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

[Critter-3]

Can I change my return if I already submitted it and you’re holding it until the IRS opens?

No. Once you submit your return, it’s considered to be in pending status. We’ll hold all returns submitted before the IRS opens and submit them when the IRS is open.  Processing of returns is expected to start on or about 1/23 however some returns may be pulled earlier in test batches so watch your email for alerts. 

Once the IRS either accepts or rejects your return:

• If your return is accepted: If you want to change your return, you’ll need to amend it AFTER the original return has fully processed an you have the original refund in hand or have paid the original balance due.
• If your return is rejected: We'll send you an email to notify you, along with instructions on what to do. You can then open your return and make any changes you would like. Just be sure to fix the reason the return was rejected as well.

 The IRS is not accepting returns at this time, so it can sometimes take longer than the initial 24-48 hours before you know if they have accepted or rejected your return. This generally happens around this time when e-filing has not opened yet.  Keep in mind, they will not officially start accepting e-filed returns until January 23rd.   A few may be accepted early to start testing their systems, but they would not start processing until on or after 1/23/2023.