Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Feb 6, 2020 2:22:18 PM

1098T

What do I do if I haven't had time to amend my tax return to include a 1098-T and my refund has already been deposited in my bank account?

0 3 585
3 Replies
Expert Alumni
Feb 6, 2020 2:38:40 PM

If you have already received your refund, that's fine.

 

You can now amend your return to add that form 1098-T.

 

Please note that the amended form will not be ready before mid-February.

 

To amend your return, please follow the instructions in this TurboTax Help topic.

Level 2
Feb 6, 2020 2:46:31 PM

Do I need to keep the refund in my bank account until then?

Expert Alumni
Mar 11, 2020 4:49:46 PM

Since you are amending to include a 1098T, you will not need to keep your refund in the bank.  you are free to spend it anytime you wish.