[Event] Ask the Experts: Amending Your Taxes

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Amending Your Taxes | Ask the Experts

Join us on Wednesday, April 23rd any time between 9:00 am and 5:00 pm Pacific Time for our latest installment of our Ask the Experts event series. Amending a tax return can be intimidating. This event is dedicated to answering all your amendment-rela... read more

1099 DIV adjustment

Do I need to file an amended return for a roughly $250 increase in Qualified Dividends, on line 1b, as a result of a late (4-16-25) correction sent over from my brokerage firm?

Could you confirm if Turbo tax online premier software does not support 2024 California law disallowing deduction for Intangible Drilling Costs (IDSC)?

My 2024 California tax return is not adding Intangible Drilling Costs as taxable amount reported on schedule K-1. Even the amended tax return has same issue, in spite of help from the turbo tax support representative. Could you confirm if Turbo tax o... read more

Filing 8962 after 1040 and other forms have been filed

I didn't file an 8962 (I didn't check Market Place for healthcare) and the advice on the TT site is to wait to be notified by the IRS with form 12C. I'd really hate to pay the interest penalty. I did get my 1095-A, filled out the information and an 8... read more

Claiming additional income

My girlfriend's house was damaged in a storm. Her insurance company wrote me a check each month for 6 months ($3500) while her house was being repaired because she stayed with me and not at a hotel, do I have to claim that on my taxes as additional i... read more

Amending 2024 and 2023 taxes

I have been raising my grandchildren, paying for all of their care for the entire year for 2023 and 2024. I do I find out if someone else claimed my 3 grandchildren? How do I amend my 2023 taxes to include them. Currently I don't have a social securi... read more

Do I have to file amended state return if taxes due does not change?

I filed federal and state returns and then realized after that I understated my income by one dollar because of an import glitch. I filed an amended federal return for one dollar more and it did not change the amount of taxes I owe at federal level. ... read more

Turbo errors on 2024 tax form

I have used Turbo for several years and have been happy with the product. This year I used it and was surprised I owed almost $4000 despite voluntarily withholding so much. I trusted Turbo, though, and e-filed. A few days later, I went to my pension ... read more

In 2022 I used the TurboTax download to prepare my tax return and that was the first year I had Qualified Charitable Contribution (QCD) as part of my IRA RMD. I got an IRS Notice: CP2000 about that return stating that "We couldn't identify the retire...

How to amend my 2020 return?

Approximately four years ago, I submitted my Form 1040 via TurboTax on time for the 2020 year. Now I want to amend my 2020 return and add $3,000 gift income. Which forms do I need to fill out? Should I do this myself? I think I will owe a little bit ... read more

Form 7206

I need to amend my 2024 return and need to add a form 7206 to report LTC insurance premiums. I am self-employed. How to I add a form 7206 in desktop TurboTax so I can file an amended return?

Didn’t Include Business Expenses

I filed my 2024 taxes and paid what was owed in full. However, I failed/didn’t think to put in the expenses that I incurred for the two small businesses I was starting, though I didn’t make money off of them. Can I amend the taxes and put in those ex... read more

IRS 2014-7 filing amended returns for last 6 years?

I have been the Personal Care Attendant for my partner since 2019. She lives in my home and is disabled receiving SSDI. She qualifies for CADI waivere under Medicaid in Minnesota. I was not aware that this income could be tax exempt until just now. C... read more

Amended return and taxes due

I submitted an amended return, but had to pay the taxes from the first, wrongly done, return. Will I get a refund? The amount owed on each return was considerably different. thank you.

Backdoor Roth IRA

Hi, I'm trying to understand if I reported correctly for a backdoor Roth IRA conversion or if I made a mistake and need to make an amendment. In 2023, I converted $6500 from a traditional to a Roth IRA, but had $3 in gains by the time I made the conv... read more