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Retirement tax questions
My advice is to amend your tax return because the IRS is not likely going to refund the money if it appears as though a penalty should exist. If your return was accepted, allow a little more processing time and then amend just to be safe and know a refund will be coming.
Read the information in the link below before you make any changes so that TurboTax will know the original numbers and the corrected numbers for your amendment.
If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines.
- You must first wait until the initial return is completely processed.
- You will have to use the same TurboTax account that you used for the original tax return.
- Once you begin your amendment, you'll see your original return.
- The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
- Only make changes to the areas of your return that need to be corrected.
- You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment
Amend a tax return for the current tax year
Tax Form Availability (Form 1040-X will not be ready until later this month - use this link to see when it becomes available.)
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