I will be receiving a 1099 c form for 2017. I already filed without the form. What do I need to do when I receive the 1099 c? Can I file it next year?

[KatherineC · Accepted solution]

No, you cannot report the Form 1099C next year.

What you do now depends on whether or not your e-file is accepted .

If your e-file is rejected, you can simply go back in, record the Form 1099C,  fix the rejection error, then refile your return.

If your e-file is accepted, you will need to amend your return.  However, before you start amending, you need to remove the changes you made, if any,  after e-filing.  Your refund/balance due amounts must match the amounts from your e-filed return.

Please click here for instructions on how to amend your return. You can click on the year 2017.

The tax calculator on Turbo Tax resets to zero when you start the amendment process.  So, once you start the amended return, make your changes, any amount showing in the tax calculator is the amount of additional refund or taxes due.

You should wait until you have received your original refund, if you are expecting one, before mailing your amended return!