If you have
already filed your return, you will
have to do the following:
- Wait until your original return has finished being processed by
the IRS. How will you know? Well, if you are due a refund, then when you
receive it, you know they are finished processing. If you are
not due a refund, then wait at least at least 3 weeks to make
sure that they are finished with it.
-
Amend your return through TurboTax, adding the new
1099-R information. For more information on the amendment process, please see
the following:
Do not hold this form until next year.
Please see this video from TurboTax explaining the amendment process if
you want to do it yourself - https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Return/Video--How-to-Amend-Taxes-That-Are-Alr...
If you want to do the amendment through TurboTax, please read
the article at this link - https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Return/Amending-Your-Income-Tax-Return/INF120...
Normally, you would reopen the return and indicate that you want to amend the
return, and then proceed through the interview.
Note: since most state returns are dependent on numbers from the
federal return, if you have one or more state returns, you will probably have to amend the state returns as well.
