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New Member
posted May 21, 2021 6:00:00 PM

Can I amend my filing now or must I wait until the IRS contacts me? I failed to enter my 2020 IRA distributions as income.

My tax software directed me to file via paper and I did that.

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3 Replies
Level 15
May 22, 2021 12:16:09 AM

your  paper 1040 could take months to process.

IRS may correct your return for you , since they get the 1099-R also.

 

 

Level 15
May 22, 2021 3:19:43 PM

Since you mailed the return, I would highly suggest you wait until you hear from the IRS. A paper filed return could take months before they process it.

Level 15
May 22, 2021 4:35:25 PM

But if you expect to now owe taxes, you might want to make a payment on the IRS website to minimize interest and penalties.