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Forgot to add the US-China tax treaty $5000 deduction to my 2017 tax return. How to amend it? Thx!
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After you file
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After you file
- File as a resident alien for tax purposes using Form 1040.
- Complete all applicable income lines and include any amounts that are tax treaty exempt.
- On Line 21 (Other Income), enter in a negative number for the total amount of the tax treaty exemption being claimed.
Here's how to enter it in TurboTax.
· Click the Federal Taxes tab ( Personal in the Home & Business version)
· Click Wages & Income. (Personal income in the H & B version)
· On the screen "Your 2017 Income Summary," scroll all the way down to the last section, "Less Common Income."
· Click the Start or Update button for the last topic, "Miscellaneous Income, 1099-A, 1099-C."
· On the next screen, "Let's Work on Any Miscellaneous Income," scroll down and click the Start or Update button for the last topic, "Other reportable income."
· The next screen asks, "Did you receive any other taxable income." Click Yes.
· On the next screen, "Other Taxable Income," enter a description and the amount. Click Continue.
· On the next screen click Done.
The income will be reported on Form 1040 line 21 with the description that you entered.
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After you file
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After you file
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After you file
How do I amend a 2017 return in TurboTax?
Amend your 2017 return if you need to change or correct something after you already filed it.
Keep in mind: You have 3 years from the date you filed your 2017 return (or 2 years after you paid the tax due, whichever is later) to file an amended return, which means you don't have to get it done by the April 17 filing deadline. More info
· How do I amend my 2017 TurboTax Online return?
· How do I amend my 2017 return in the TurboTax CD/Download software?
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