topic How to I correct a mistake on my tax return if I made a typo? in After you file

How to I correct a mistake on my tax return if I made a typo?

lin_jeremy2 — Tue, 10 Mar 2026 05:04:07 GMT

How to a correct a typo (I added to many zeros at the end of a real estate form)?

Re: How to I correct a mistake on my tax return if I made a typo?

xmasbaby0 — Sun, 26 Jun 2022 13:49:53 GMT

If you already filed your tax return with a mistake then you need to wait until it has been fully processed and then amend. Do not amend until it has been fully processed.

https://ttlc.intuit.com/community/tax-return/help/how-do-i-amend-my-2021-return/00/2544441

Re: How to I correct a mistake on my tax return if I made a typo?

NCperson — Sun, 26 Jun 2022 13:53:18 GMT

@lin_jeremy2 - does the typo change how much tax you owe?

Re: How to I correct a mistake on my tax return if I made a typo?

lin_jeremy2 — Sun, 26 Jun 2022 14:53:31 GMT

I don't believe so. I was part of the form that listed a property we own that was a vacation home now as a rental income property. We bought it for $120,000 but I inadvertently made it $1,200,000. Our initial mortgage was $105,000 and that was entered as $1,005,000

It was bought in 2017 and what I understood from TurboTax when we started that tax return was that these forms didn't impact our return this year but were essentially "establishing" the property a a rental property

Re: How to I correct a mistake on my tax return if I made a typo?

NCperson — Sun, 26 Jun 2022 15:06:36 GMT

@lin_jeremy2 - did it affect the depreciation schedule and thus the passive loss reported??????