Investors & landlords

Even during “normal” times it takes about four months for the IRS to process an amended return.  During the pandemic and due to the severe backlog at the IRS it is taking much longer—six to nine  months or more for many amended returns.  Do not expect quick results from amending. 

 

 You can watch for information here:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1

 

Each tax year is separate.  You do not have to wait for the IRS to process your amended 2021 return in order to file your 2022 return.   If you made a mistake on 2022, you should wait for them to process the original 2022 return before you amend 2022.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**