@NathanRodgers wrote:
I filed taxes...missed a W2...it had wrong social number...one number off. Well I contacted company..send me a corrected W2 form...w2c I believe..so what do I do now my return was accepted by irs and for 35 days still says your refund still processing. So what do I do with this w2c so I get my refund quickly?
It might delay your refund for months, but do not amend until you receive it. It can only be reported on a 2020 amended tax return. You should amend to be sure that the tax is credited to the correct account. If the IRS catches it and changed it for you then amending is not necessary. Also check with the SSA to be sure Social Security is credited to the correct account.
Do not rush to amend - no hurry. You have 3 years to amend and amended returns are taking 4-6 months or longer to be processed so waiting a few weeks will make little difference and amending too soon might just compound the problem. (If you amend today you probably will not see the results until August or September).
To amend your 2020 tax return:
You should *wait* until your return has been processed and you receive your refund or conformation that any tax due has been paid. (If you file an amended return while you first return is being processed it can cause extended delays for both returns if two returns are in the system at the same time). In addition, if the IRS makes any change on your original return, you might end up having to amend the amendment – a sticky process that can take a year or more).
-- Then you can start the amend process.
It is suggested that it be mailed certified with return receipt (or other tracking service) to verify that the IRS receives it. That is the only proof of mailing that the IRS will accept.
-- Amended returns can be mailed or e-filed - allow 8-12 weeks - can take up to 16 weeks (4 months) for processing.
See this TurboTax FAQ for help with amending:
https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed
You can check the status of your amended return here but allow 3 weeks after filing for it to show up:
https://www.irs.gov/filing/wheres-my-amended-return
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
