Is it bad to amend for a third time?

Forum|Forum|4 years ago
May 20, 2022
7 replies
59 views

Hello! Is it bad to amend my 2021 return for a third time? Has anyone heard of that? Will I be in trouble? I just want to make sure everything is covered. This will 100% be the final time.

NCperson

Level 15

I see it as only 'bad' for not being patient back in the beginning to be sure you had all the required documents and entered them correctly. Rushing gets nowhere.

I can't imagine the IRS is going to care, esp. if you owe tax - they will figure that out in any event if it's from a W_2 or any other form that was submitted by the source directly to the IRS

rjs

Level 15

Before you file the third amendment, make sure that the IRS has finished processing your original tax return and the first two amendments. Filing another amended return before all of the earlier returns have been fully processed will cause confusion and delays. And make sure that the "original amounts" in column A of your third Form 1040-X properly take into account any earlier adjustments made either by your earlier amended returns or by the IRS.

sedtaxAuthor

Level 3

@rjs @NCperson

Thank you for the tips! I will wait a couple of weeks to a month for the next amendment.

rjs

Level 15

Wait until you get letters from the IRS telling you that the first two amendments have been completed. That will probably be a lot more than a couple of weeks to a month. They are taking five months or more to process amended returns.