topic Amending return in After you file

Amending return

smitht152438 — Thu, 06 Feb 2020 15:26:30 GMT

Hello, I already e-filed my taxes and got my return but a new W2 came in the mail. It’s from an employer that I did NOT work for in 2019 but did receive a severance from in the beginning of 2019. I’m assuming that’s what it’s for? How do I go about adding that to my return this year? I read that I would have to submit an amendment form. But where can I access that and how do I send it in? Also, will it effect the money I already got back? Thanks!

Re: Amending return

xmasbaby0 — Thu, 06 Feb 2020 15:24:22 GMT

You will have to amend.

The 1040X becomes available later in February, so you have to wait for it.

How do I amend my 2019 TurboTax Online return?

A 1040X cannot be e-filed. It must be printed and mailed. It will take about 4 months for the IRS to process an amended return. It is a good idea to use a mailing service that will track it, like UPS or certified mail, so you will know it was received.

Wait about 3 weeks from mailing and you can check the status of your amended return:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1

https://www.irs.gov/filing/individuals/amended-returns-form-1040-x/amended-return-frequently-asked-questions

https://ttlc.intuit.com/questions/1908543-do-i-need-to-amend

https://ttlc.intuit.com/questions/3318997-how-does-the-refund-math-work-on-amendments

Re: Amending return

smitht152438 — Thu, 06 Feb 2020 15:29:42 GMT

Thanks! Will it effect the money I already got back? Should I not touch that money until I get the return from the amended return?

Re: Amending return

JohnW222 — Thu, 06 Feb 2020 21:36:12 GMT

No, you’re free to use the refund that you’ve already received.

Bear in mind, however, that if your amended return results in a balance due to the IRS, you’ll need to be able to pay that amount, so plan your finances accordingly.

Re: Amending return

smitht152438 — Thu, 06 Feb 2020 23:15:07 GMT

is there a typical amount it usually cost?

Re: Amending return

BrandiLO — Thu, 06 Feb 2020 23:20:56 GMT

There is no additional cost to amend your return. Remember, your amended return must be mailed, it cannot be efiled.