JohnB5677
Expert Alumni

After you file

To answer your questions

 

Will I get the return I already filed ?

  • It depends, you may get a refund.  In this case you will file an amended tax return.
  • The IRS may catch the error.  In this case you would respond to the letter and re-file the original tax return.

Can I then amend my return and add in the other W2s I received?

  • Yes, but under the conditions stated above.

I will be receiving more money I already know but..

Will I get penalized?

  • If you get money back on the revised return there won't be a penalty.
  • If you owe money after revising the return there could be a penalty and interest.

It's this a difficult process? 

  • TurboTax makes it as easy as possible.
  • I will provide a link below to step you through the Amend process.
  • Contact us again with any questions.

Can I use TurboTax to do this online? 

  • Yes, you can do a current year amendment Online.

Do I have to have a CPA do this for me? 

  • No, as I said.  We make it as easy as possible.

I imagine the second return will take much longer...

  • No! All of your previous information will be there. All you'll have to do is include the additional W-2's.

When can I amend update my taxes? 

  • You can start as soon as you get your refund, or get a notice from the IRS.

Do I have to notify anyone I messed up? 

  • No, it will be our secret.

And again will I receive the state and federal return I already processed

  • The state generally waits for the Federal to be completed
  • You will get some kind of notification.  Either a notice, or a refund.
  • When you amend the Federal return, you should also correct the State.
  • You can do both in the same software.

How do I amend my federal tax return for a prior year?

How to File an Amended Tax Return with the IRS

 

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