topic Filing Amendments in After you file

Filing Amendments

Nona1919 — Mon, 22 Mar 2021 16:10:35 GMT

My husband and I already filed one amendment for our 2020 taxes - (we had received one investment form too late and forgot to deduct a charitable donation). Today my husband found a W2 we didn’t realize we had (his work reimbursed a licensing fee and generated a W2 we were not aware of). Taxes were already withheld for this “income” at 22% in federal taxes, which is where it would fall in our overall tax bracket as well. What should we do? File another amendment to our tax return or leave it alone since we already payed the taxes on the amount reimbursed? I don't know if this would change our overall tax liability at all (although it would change our income and tax withheld numbers).

Re: Filing Amendments

SweetieJean — Mon, 22 Mar 2021 16:32:58 GMT

How did you file a 2020 1040-X already, as it is not yet available here on TT?

Re: Filing Amendments

Irene2805 — Mon, 22 Mar 2021 16:44:06 GMT

You should amend your tax return to include the wayward W-2, when the tax year 2020 forms become available. Copies of W-2s are sent to the IRS and they will be wondering why that one isn't included in your return.

The IRS hasn't yet finalized the amended return (1040X) for 2020. We expect it to be available in TurboTax the end of March. For current information on forms availability please click on the applicable link below:

For information on amending your return please see the following TurboTax Help articles: