topic Recovery rebate credit omitted by tax preparer who filed taxes online - can I amend online with turbotax? in After you file

Recovery rebate credit omitted by tax preparer who filed taxes online - can I amend online with turbotax?

hawkie4us — Sun, 14 Mar 2021 17:12:03 GMT

Background:

A paid tax preparer completed a 1040-SR and filed it electronically. The preparer was informed that the second economic stimulus payment was due but never received (direct deposit account changed - old account was closed in November 2020). However, the preparer failed to claim the Recovery rebate credit that was owed. A completed "Recovery Rebate Credit Worksheet" clearly reveals that the full $600 was payable.

Questions:

I have searched the IRS and TurboTax websites and have not yet found an answer to these two questions:

1. How can I verify that my 2020 1040-SR was submitted electronically by my tax preparer and that it was accepted by the IRS (so that I can electronically submit a 2020 1040-X amended return)?

2. I now do not trust my tax preparer. Since the original 2020 1040-SR was submitted electronically by a paid tax preparer, how can I prepare and electronically submit a 2020 1040-X using turbotax (or irs web site)?

Notes:

(a) I now own 2020 home & business.

(b) I hope that it is possible to complete the 2020 1040-X without the full turbotax interview (perhaps using "form view" for 2020 1040X and overriding the fields to enter the 2020 1040-SR data and amended values).

(c) I would like to file the 2020 1040-X electronically using turbotax or irs online, even though my original 2020 1040-SR was filed electronically by a tax preparer (probably not using turbotax).

With *many* thanks!

Re: Recovery rebate credit omitted by tax preparer who filed taxes online - can I amend online with turbotax?

xmasbaby0 — Sun, 14 Mar 2021 17:31:12 GMT

CAN I USE TURBOTAX TO AMEND IF THE RETURN WAS PREPARED SOMEWHERE ELSE?

If you did not use TurboTax to prepare your tax return, it is possible to amend the return using TurboTax but it will really be a pain. It would be better to use the software or service used to file originally. If a paid preparer made a mistake on your tax return, that tax preparer should do the amended return for you at no charge.

In order to use TurboTax to amend your return, you need to purchase the desktop software for the tax year and re-create the return EXACTLY as it appeared when it was filed with the IRS/states. Every line has to be the same. Then you have to "trick" the software into thinking you filed by saying you will mail the return. (but do not mail it) AFTER that, you use the software to prepare a Form 1040X, which has to be printed, signed and mailed to the IRS. It takes the IRS about 3-4 months to process an amended return

Re: Recovery rebate credit omitted by tax preparer who filed taxes online - can I amend online with turbotax?

hawkie4us — Sun, 14 Mar 2021 17:53:20 GMT

Thank you "CHAMP" xmasbaby0.

To confirm, TurboTax cannot be used to *electronically* file an amended return if the original 1040-SR was filed electronically by a paid preparer. Is that correct?

(if true - unfortunate, because the paid preparer recently changed owners and the new owner is slow, unresponsive, and made mistakes)

THANKS AGAIN!

Re: Recovery rebate credit omitted by tax preparer who filed taxes online - can I amend online with turbotax?

xmasbaby0 — Sun, 14 Mar 2021 18:14:29 GMT

You can try to e-file---if e-filing will not work then print and mail it

The Form 1040X you need is under revision and is not ready yet. The Form 1040X does not become available in the software until March 18 (subject to change).

https://www.irs.gov/forms-pubs/new-information-for-form-1040-x-filers