I forgot to enter my gambling winnings (only 2,000 my loss is more) what should I do?

Forum|Forum|7 years ago
June 1, 2019
5 replies
70 views

It usually doesn't effect my refund. But I don't want a problem or a hold on my taxes.

Best answer by xmasbaby0

You cannot change or add anything on the return that you just e-filed. It is too late, just like when you put an envelope in a US mailbox

Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.

If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund. THEN you can prepare an amended tax return and mail it in. You will need to use a form called a 1040X. You cannot e-file an amended return. They have to be mailed, and it takes at least 2-3 months for the IRS to process an amended return. Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself. Sit tight and wait until you see what the IRS does with the return you just e-filed

X

xmasbaby0

Level 15

Did you already e-file?

**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.**

M

mytwins2002Author

Level 2

Yes, I did like an hour ago.

X

xmasbaby0

Answer

Level 15

You cannot change or add anything on the return that you just e-filed. It is too late, just like when you put an envelope in a US mailbox

Now you have to wait until the IRS either rejects or accepts your return. If your return is rejected, you will be able to go into your account and make the necessary changes to your tax return and re-submit your return.

If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund. THEN you can prepare an amended tax return and mail it in. You will need to use a form called a 1040X. You cannot e-file an amended return. They have to be mailed, and it takes at least 2-3 months for the IRS to process an amended return. Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself. Sit tight and wait until you see what the IRS does with the return you just e-filed

**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.**