topic Re: Correct Return in After you file

Correct Return

JVStaxman50 — Fri, 05 Feb 2021 13:40:16 GMT

I filed my federal return with Turbo Tax but was told that the IRS was not accepting any returns until February 12 or so. I need to make a correction on the return before it is finally submitted to the IRS. How can that be done?

Re: Correct Return

DoninGA — Fri, 05 Feb 2021 13:42:40 GMT

Once a tax return has been filed it cannot be changed, canceled or retrieved

You will have to wait for the IRS to start accepting or rejecting 2020 tax returns on February 12, 2021
If the return is rejected you can make the necessary changes and e-file again.
If the return is accepted you will have to amend your original tax return. An amended return, Form 1040X, can only be printed and mailed to the IRS, it cannot be e-filed. The IRS will take up to 16 weeks or longer to process an amended tax return.

Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.

See this TurboTax support FAQ on amending a tax return originally completed and filed using the 2020 TurboTax online editions - https://ttlc.intuit.com/community/amending/help/how-do-i-amend-my-turbotax-online-return/01/27577

Re: Correct Return

doriswp01 — Sun, 07 Feb 2021 16:56:19 GMT

How can I make a correction to my federal tax return which is in your holding bin for the IRS?

Re: Correct Return

DoninGA — Sun, 07 Feb 2021 16:58:49 GMT

@doriswp01 wrote:

How can I make a correction to my federal tax return which is in your holding bin for the IRS?

Once a tax return has been filed it cannot be changed, canceled or retrieved

Before starting to amend the tax return, wait for the tax refund to be received or the taxes due to be paid and processed by the IRS.