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You will still get the refund from the first original return or still need to pay the first tax due.  In fact you should not even amend until the first return has fully processed and you get the first refund or your tax due payment has cleared.     Then the amended 1040X return is only for the difference you get back or owe.  I think the cover sheet shows what the original return WOULD have been if you did it right the first time.  Ignore the new 1040 that might print out.   Go by the actual 1040X.  Line 18 should be your original refund amount and line 22 should be your additional refund.  If you paid on your original return it will be on line 16.  If there is an amount owed with the amendment, it will be on line 20.   If you have a tax due, do not send the 1040V.  Just include a check with the 1040X.  Ignore the 1040V.  That is for the original return or what the original return would have been if it didn’t need correcting.  Don’t pay the amount on the 1040V.  Pay the amount on the actual 1040X line 20.   Or You can pay the IRS directly at Https://www.irs.gov/payments

Avez-vous déclaré des dépenses  ? Le revenu de travail autonome doit être indiqué dans la section Revenu travail autonome, et le revenu qui apparaitra a la ligne 13499 est votre revenu brut (montant de revenu/vente déclaré), et à la ligne 13500, ça sera votre revenu net (revenu - dépenses = revenu net).    Vous pouvez déduire vos dépenses qui ont été faites pour gagner ces revenus.    Liste de contrôle pour la préparation des déclarations de revenus des travailleurs autonomes | Conseils fiscaux TurboImpôt   Merci de choisir TurboImpôt.

Great, thank you Vanessa.   No need to amend the 2023 1040 Form, since it has not been filed. No need to include/file the original 1099-S showing $55,000 issued back in 2023 in my 2023 tax return either. No need to include/file the Corrected 1099-S showing $0 issued in March of 2025 in my 2023 Tax return either because the IRS has a record of both of these 1099-S forms, right?   I truly appreciate your precise, direct, and concise responses Vanessa 🙂  

@dawndawn You are telling me it's only $3000, someone else is telling me $10000.   PLEASE READ THE ORIGINAL QUESTION CAREFULLY.   I am not referring to deducting $3,000 of capital loss carryover against regular income.   I am referring to a case where I have leftover capital losses, and then in a later year I have net capital gains. How much of the gains can be reduced by my leftover capital losses from a prior year?

Issuers of Form 1099-R will often not mark the CORRECTED box if the change the form before the original is sent to the IRS and the original was never sent to the IRS.  If that's what was done, the first one should be disregarded.  In fact, a Form 1099-SA with $0 in box 1 is meaningless other than to say that there was no distribution, so it would be appropriate to disregard the original even if you hadn't received the second one.

Thanks for your response.  I did answer Yes on that screen, so I'm confused why it changed my tax rate and tax liability when it should be non-taxable income.  And I was only able to get that far by saying I received a corrected 1099-SA, which is also a little confusing.  It's a yes or no answer, and it IS a corrected 1099, but it's technically not marked as corrected on the form itself.

Hi there,  no the issue was not resolved with the update.  Since it is a carryforward item available for use in future years, I have not claimed this year but also there were other Netfile issues this year between TurboTax and CRA as seen on other threads so once these were resolved, I finally filed through Netfile - I have confirmation it went through.  Disappointed with this added stress and unresolved issue. 

Which tax year are you filing for, 2024 or 2023?   You can use either the TurboTax Home & Business Desktop version or the TurboTax Online Self-Employed version if you have investments and self-employed income. You can use TurboTax online or the Desktop Premier version if you do not have any self-employed income that year.   https://turbotax.intuit.ca/tax/software/online   https://turbotax.intuit.ca/tax/software/desktop   Thank you for choosing TurboTax.