Amendment

Shaleiah24 — Fri, 23 Oct 2020 01:28:16 GMT

Hello. I currently am amending my taxes for 2017 and even after I add the missing income and deductions. It's still only giving me the bare minimum in earned income credit. Do you know why?

Re: Amendment

xmasbaby0 — Fri, 23 Oct 2020 02:10:10 GMT

No one in the user forum can see your screen or your tax return so we cannot tell you if you are getting the right amount of earned income credit.

Here is an IRS page and an IRS tool to see how much EIC you should be getting on your 2017 return:

https://www.irs.gov/newsroom/claim-the-earned-income-tax-credit

https://apps.irs.gov/app/eitc2017/SetLanguage.do?lang=en

Re: Amendment

Critter-3 — Fri, 23 Oct 2020 02:42:31 GMT

Switch to the FORMS mode and REVIEW the EIC worksheet to see how it is calculated. Hopefully you saved a copy of the original return (with worksheets) to compare the changes if any ... it is possible what you added may not make a difference.

This is my mini version of a tutorial that should be in the downloaded program:

Always remember to shut off the auto update function once you have filed your returns and do not do any updates unless you have safeguarded the PDF & .taxfiles to a removable storage unit for safekeeping.

What is Forms Mode?

Forms Mode lets you view and make changes to your tax forms "behind the scenes."

If you're adventurous, you can even prepare your return in Forms Mode, but we don't recommend it. You may miss obscure credits and deductions you qualify for, and you may forget to report things that will come back and haunt you later.

Forms Mode is exclusively available in the TurboTax CD/Download software. It is not available in TurboTax Online.

Related Information:

If you want to play around with different figures and tax scenarios without affecting your original return you can ….

>>>In the TurboTax CD/Download software by creating a test copy:
1. Open your return in TurboTax.
2. From the File menu, choose Save As.
3. Give the copy a new name to distinguish it from the original (for example, by adding "Test" or "Example" to the file name).
4. Click Save. You are now safely working in the test copy and anything you do here will not affect the original.
https://ttlc.intuit.com/questions/1900642-how-to-make-a-test-copy-of-your-return

>> use the WHAT IF tool:
- Click Forms Icon (upper right of screen) or Ctrl 2 (forms view)
- Click on the Open Form Icon
- In the “Type a form name.” area type What-If (with the dash), click on the name of the worksheet - click on Open Form
- You will see the worksheet on the right side of the screen; enter the information right into the form
- To get back to interview mode - click on the Step-by-Step Icon (upper right of screen) or Ctrl 1

It's always a good idea to make a backup copy of your tax data file, in case your original gets lost or corrupted. Here's how:

From the File menu in the upper-left corner of TurboTax, choose Save As (Windows) or Save (Mac).
Browse to where you want to save your backup.
- Tip: If you're saving to a portable device, save it to your computer first to prevent data corruption. Then, after completing Step 4, copy or move the backup file to your device.
In the File name field, enter a name that will distinguish it from the original tax file (for example, add "Backup" or "Copy" to the file name)
Click Save and then close TurboTax.
Restart TurboTax and open the backup copy to make sure it's not corrupted. If you get an error, delete the backup and repeat these steps.

If you make changes to your original tax return file, repeat these steps to ensure your original and backup copies are in-synch.

Related Information:

AND save it as a PDF so you have access to a copy even if you don’t have the program still installed and operational :

AND protect the files :

How can I protect the tax files on my computer?

topic Re: Amendment in Deductions & credits

Amendment

Re: Amendment

Re: Amendment

What is Forms Mode?

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