topic Once I'm able to use the 1040x form to amend my taxes by adding another w2 that came late, how soon will I receive those funds? in After you file

Once I'm able to use the 1040x form to amend my taxes by adding another w2 that came late, how soon will I receive those funds?

waynebryan_1990 — Fri, 26 Mar 2021 02:00:38 GMT

First it said the form would be ready today, now it says not until tomorrow. Once I can access this form that I have never had to deal with, and successfully add the missing w2 to my return, how long would it take to recieve what would be my second deposit from both state and federal? A rough estimate?

Re: Once I'm able to use the 1040x form to amend my taxes by adding another w2 that came late, how soon will I receive those funds?

rjs — Fri, 26 Mar 2021 02:28:37 GMT

Under normal circumstances it takes the IRS 16 weeks to process an amended return (Form 1040-X). But circumstances are not normal this year. The IRS is extremely backlogged, so it will take many months for your federal amended return to be processed. No one can give you even a rough estimate.

I don't think the states are in as bad shape as the IRS, but each state processes its own tax returns, so they're all different. You might get your additional state refund before the federal.

Re: Once I'm able to use the 1040x form to amend my taxes by adding another w2 that came late, ho...

gloriah5200 — Fri, 26 Mar 2021 02:34:52 GMT

Currently the 1040X is expected to be available on 3/26/2021 for paper printing and e-filing.

Please use this link to check the TurboTax expected availability date of federal forms:

TurboTax Expected Availability of federal forms per version

We have no idea how long it will take to get your refund from an amended federal and state return.

IRS Is very busy right now with stimulus checks, processing 2020 returns, incorporating the American Pension Plan tax changes into the Internal Revenue Tax Code and into their systems. On top of that, they are still processing 2019 paper returns.

Generally it takes longer to process an amended return than it does to process the original return. It depends on if they have to take the time to look into anything on it. If it must be manually processed, then it will take twice as long.

You can check the IRS link for amended returns:

Where's my amended return refund link

Re: Once I'm able to use the 1040x form to amend my taxes by adding another w2 that came late, ho...

fanfare — Fri, 26 Mar 2021 14:09:18 GMT

IRS says:

E-filing is available for amending 2019 and 2020 returns that were originally e-filed. E-filing amended returns
will result in much faster processing and refunds. See IRS.gov/Form1040X and IRS.gov/filing/amendedreturn-frequently-asked-questions. Contact your preferred tax software provider to verify their participation in amended return e-filing, for specific instructions needed to submit an amended return, and for answers to any questions.