Kat
Level 15
Level 15

Investors & landlords

The issue here is that you have already e-filed your return.  If your e-filed return has been accepted by the IRS, you can't (and shouldn't) change the return you filed.  With the newest correction from Schwab, you'll need to AMEND your e-filed return to reflect the newest numbers.  

 

Before you decide to do that, please see how the newest form differs from the one you filed.  If the numbers are only minimally changed, you may not need to amend at all.  If the numbers are minimally changed (as is often the case), just disregard the second correction and leave things as they are.

 

IF you need to amend (change or correct) the return that you filed, wait until the filed return has been processed and any refund or payment has reached its final destination.  Then you can proceed with amending your 2022 return.  Use the information included in the TurboTax FAQ I'm linking below to properly amend your return.

 

How do I amend (change or correct) a return I've already filed? 

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***