Yes. Income reported on Form W-2 will effect your tax return. You will want to amend your return to take this new income into account
We can help you amend your 2016 taxes if you need to make
changes and your taxes were already e-filed and accepted (or mailed).
-
Sign in to your TurboTax account, if you're not already
signed in.
- In
the 2016 Tax Year section, click Amend
(change) return.
- Note: If you see an
orange Take me to my return button, you can't amend because you
haven't filed yet. Just click or tap that button to open your return and
make your changes.
In the pop-up, click Amend using
TurboTax Online.
Click Continue on the We'll help
you change (amend) your return screen.
Follow the on-screen
directions to amend your return.
- Don't worry if your refund
drops to zero or does strange things while you are amending. Your
calculations will come out correctly in the end.
When you're done, we'll
provide instructions to print and mail your amended return because an
amended return can't be e-filed.
You can track your amended taxes with the IRS
tracking tool. It takes the IRS around 16 weeks
to process your amended taxes.
The processing time for amended state return differs from
state to state. Contact your
state to find out how long it takes them
to process your amended taxes
