topic Re: Amended return in After you file

If I did not realize that my return for this year could get me the stimulus money that I did not qualify for last year, can I amend my return to receive that money?

jiggy18301 — Fri, 26 Mar 2021 14:15:13 GMT

I did see the questions on Turbotax to get it, but I misunderstood why it was asking me.

Re: If I did not realize that my return for this year could get me the stimulus money that I did ...

HelenC12 — Fri, 26 Mar 2021 14:32:29 GMT

Yes, you could amend your income tax return to get the first and/or the second stimulus payments.

Wait for your regular income tax to be processed by the IRS.

Once the IRS has finalized the form and your return, see How to amend (change or correct) a return you already filed?
To claim the credit, see How do I claim the Recovery Rebate Credit in TurboTax?

Generally, Form 1040-X, Amended U.S. Individual Income Tax Return, must be filed within three years of the date the original return was filed, or within two years of the date the tax was paid, whichever is later.

Amended return

jiggy18301 — Tue, 30 Mar 2021 16:29:59 GMT

I amended my return to include the recovery rebate credit. Now the rebate shows, and it shows my taxes as being reduced, but I shows the reduced amount as being owed, when I have already paid more than that with my original return. It seems that there should be a place to put in the tax I paid when I filed my original return. Turbotax show that both my taxes owed/refund as zero, but now I should be receiving a refund due to overpayment of taxes now that I am getting the recovery rebate. Should I file the taxes as is, and because it is an amended return, I will get it as a refund rather than a credit?

Re: Amended return

JeffreyR77 — Tue, 30 Mar 2021 16:57:40 GMT

You are correct, you will receive the Recovery Rebate Credit as a refund.

For your amended return to be complete, Form 1040X line 16 should show the amount of tax paid with your original return.

As you are amending your Federal return only for the Recovery Rebate Credit (a Federal credit) there is no reason to amend any state return you have.

Re: Amended return

jiggy18301 — Tue, 30 Mar 2021 19:26:31 GMT

For my amended return, where on Turbo Tax do I enter the tax paid with my original return so that it shows up on line 16 of my amended return? When I go under deductions and credits, I don't see a category for taxes paid by taxpayer, just Payments w/ extension, 2019 refund applied to 2020, or Withholding not already entered on a W2 or 1099. Thanks again for your help

Re: Amended return

DMarkM1 — Thu, 01 Apr 2021 13:08:11 GMT

As you continue through the amendment interview you will eventually be asked about payments you may have made with your original return or any refunds received already from your original return.

I do want to reiterate what @HelenC12 mentions, you should wait for your original return to be processed. The IRS is correcting misstated stimulus payments on 2020 tax returns. You probably do not need to amend if only for stimulus payments.

Here is a link for reference.

Re: Amended return

jiggy18301 — Wed, 07 Apr 2021 19:56:39 GMT

My amended return is finished, but it is saying that I still owe taxes even though they were paid with my original return. Turbo tax is giving me a form to send in for the taxes I already paid Can I just ignore that since my 1040X shows that it was already paid?

Re: Amended return

ThomasM125 — Wed, 07 Apr 2021 20:18:14 GMT

It sounds like there is something wrong with your form 1040-X. line 16 should show the tax you paid when you filed your original return. Line 17 should be the tax you paid in plus the tax withholdings and credits that were on your original return.

Line 20 should be blank and line 22 should be the refund you are anticipating. If not, you should go back through the amended return and make corrections.

Re: Amended return

jiggy18301 — Tue, 13 Apr 2021 20:03:28 GMT

I am amending my amended return because I submitted it and it never showed the credit for the taxes I paid with my original return. On my first amended return form 1040X, it showed what I paid in on line 16, but did not carry it to line 17. There was also not any additional information on my amended return regarding income or deductions. The only line that had any information on it was line 16. If we can't figure out what is wrong, Would there be a problem if I mailed in the amended return since I e filed the original return, and my first amended return?

Re: Amended return

AmyC — Tue, 13 Apr 2021 23:31:05 GMT

No, do not mail another amended if the only problem is the payment. The IRS will process that and know that you are due a refund. The IRS cross checks stimulus paid, taxes paid, etc before it finalizes. They will see the correct amount you paid and adjust your amend to send you a refund.

Mailing in a paper return for them to open next year would be way too late and a waste of your time and theirs.

Re: If I did not realize that my return for this year could get me the stimulus money that I did not qualify for last year, can I amend my return to receive that money?

Kathammer1795 — Thu, 29 Apr 2021 07:30:26 GMT

I need to know what to file to get my 1st and 2nd stimulus checks that I didnt get before , please tell me what to fill out to include that in my refund

Re: If I did not realize that my return for this year could get me the stimulus money that I did ...

DMarkM1 — Thu, 29 Apr 2021 12:25:11 GMT

You will file a form 1040. After entering your personal information, income and deductions you will enter a "Federal Review" interview section. There you will be asked if you received any stimulus payments for rounds one and/or two (1200/600). If you answer "NO" and the information you entered in your tax return indicates you are eligible, the missing stimulus payments will be added to line 30 of your form 1040 as a Recovery Rebate Credit.

Here is a link with more information on the Recovery Rebate Credit.

Before filing you can preview your forms to verify the credit was added. Below are the steps in TurboTax online versions. For desktop versions you would select the forms view option at the top right of your page.

Click "Tax Tools" in the left hand menu
Click "Tools"
Click "View Tax Summary"
Click "Preview My 1040" in the left hand menu