topic Amending 1099-R in After you file

Amending 1099-R

rainbowkiid — Sat, 29 Feb 2020 02:03:57 GMT

Hi everyone, I'm just so stressed about this whole process of amending this 1099-R form. I didn't rollover so I was sent the money. Got the forms late after my return was accepted, so I see how much I need to pay back. My question is do I pay this through the IRS? Can I pay this online? And lastly what will happen if I wanted to wait until next year's return?

Re: Amending 1099-R

DawnC — Sat, 29 Feb 2020 02:27:53 GMT

You have 3 years to FILE the amendment (a 2019 1099-R has to be included with your 2019 tax return - you can't file it on your 2020 return), but you need to pay the tax due by 04/15/20 to avoid any interest. And yes, you can pay directly through the IRS's payments website.

Re: Amending 1099-R

rainbowkiid — Sat, 29 Feb 2020 12:16:36 GMT

Thank you so much!