topic If i filed my federal taxes and i had a 1099 that i received after i filed my taxes can i wait till next year to file it? in After you file

If i filed my federal taxes and i had a 1099 that i received after i filed my taxes can i wait till next year to file it?

towanechols — Mon, 03 Jun 2019 18:55:30 GMT

No. You need to amend your 2017 return to add it. If yo...

VolvoGirl — Mon, 03 Jun 2019 18:55:31 GMT

No.  You need to amend your 2017 return to add it.

If you have filed you have to wait and see if the IRS accepts or rejects your return.  If they reject it you can fix  it and resend it.

You should not change or add anything until your original return is accepted (if they reject it you can fix it and resend it) and fully processed and you get the first refund or pay the tax due.  Then you can amend it.  Do not enter or change anything until after you start the amended return.   If you have added or changed your return you need to take out any changes and put your return back to the way it was when you originally filed it.

Amended returns can only be MAILED not efiled.  How to amend 2017
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You will still get the first refund or need to pay the original tax due.  Then the amended return is only for the difference you get back or owe.  In fact you should not even amend until the first return has fully processed and you get the first refund or your tax due payment has cleared.  And make sure the original refund or tax paid shows up on the amended return.  You can confirm this by printing your amendment and looking at the 1040X. Line 18 should be your original refund amount and line 22 should be your additional refund.  If you paid on your original return it will be on line 16.  If there is an amount owed with the amendment, it will be on line 20.

No, you can not. Already E-Filed and Need To Change If...

Carl — Mon, 03 Jun 2019 18:55:32 GMT

No, you can not.

Already E-Filed and Need To Change

If you have already E-filed your tax return and need to make a change for any reason, then you have no choice but to wait until the IRS processes your E-filed return. If the IRS rejects your E-filed return, then you can just make the necessary changes and resubmit it.

If the IRS accepts your E-filed return, then you must WAIT until the IRS has processed your return. If you have a refund due your return is not processed until you have received your refund. If you owe taxes, your refund is not processed until you have paid those taxes and your payment has cleared your financial institution. Once processing is complete, you will need to file an amended return. You cannot e-file an amended return. The IRS says you can’t. You have to print it, sign it (both the 1040 and 1040X) and mail it to the IRS.

If your E-Filed return is pending, and you change anything on your copy of your return, then you are guaranteed to have major issues with correcting or amending it later. So for your own sanity, do not touch anything until it’s time, as clarified above.

An amended return must be printed, signed and mailed. The IRS says so.

If my return is accepted, why do I have to wait for my refund before I can amend it?

Just because the IRS has accepted your return, does not mean that they agree with it. Sometimes, the IRS will “catch” your error (or some other error you don’t know about) and go ahead and correct it for you. You’ll know that when your refund is not what you expected. So you have to wait for the refund. If that happens to you, then you will receive a letter 3-4 weeks after you receive your refund, explaining what was changed, why it was changed, and with instructions on what actions to take if your dispute the change. If you receive such a letter and agree with the changes the IRS made, post in this forum with the details (without including personal information) and we'll try to help you get your copy of the return in agreement with the IRS changes, so you won't have issues importing next year.