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Level 1
December 8, 2020
Question

Can I change my 2018 return to add a 1099?

I got a CP 2000 notice that I didn’t add a 1099 and I was taxed.  I only took out principle, so should not have to pay taxes.

    2 replies

    DoninGA
    Level 15
    Level 15
    December 8, 2020

    You will have to amend the 2018 tax return that was filed.

    See this TurboTax support FAQ for amending a 2018 tax return - https://ttlc.intuit.com/community/amending/help/how-do-i-amend-a-return-in-turbotax/01/27579

    Critter-3
    Level 15
    December 8, 2020

    You still had to enter the 1099-R on the return even if it will not be taxable ... a form 8606 must be populated otherwise the IRS assumes the distribution was fully taxable.   Complete an amended return to get the 8606 form to respond to the IRS notice.