topic How do you amend 2019 1120S in Business & farm

How do you amend 2019 1120S

khmama — Sun, 29 Mar 2020 18:48:44 GMT

I need to amend my 2019 1120S, the box asking whether QBI was SSTB was inadvertently checked and I didn't notice until after it was electronically filed. I tried to follow TurboTax instructions but they are very unclear. Thanks.

Re: How do you amend 2019 1120S

DavidS127 — Mon, 30 Mar 2020 12:18:55 GMT

To amend your 2019 Form 1120S prepared in TurboTax Business, Go to Federal Taxes>>Other. Don't make any changes to what you originally filed until the amendment process has started. Continue through the screens, without making any changes, until you reach the "Amended Return" screen. Select the Yes and TurboTax will guide you from there.

Here is a picture of the screen you want:

Re: How do you amend 2019 1120S

khmama — Tue, 31 Mar 2020 17:28:48 GMT

Thank you, I have done that, but it doesn't let me e-file the return. Message says the returns have already been e-filed.

Re: How do you amend 2019 1120S

DaveF1006 — Tue, 31 Mar 2020 19:09:45 GMT

You cannot efile an amended return. You can only print and mail.

Re: How do you amend 2019 1120S

samiller34 — Mon, 08 Feb 2021 19:30:26 GMT

the IRS requires a statement to be attached outlining any changes.

TurboTax does this for Individuals, but I can not find how to get to it for 1120-S

Is there a way?

Re: How do you amend 2019 1120S

Irene2805 — Mon, 08 Feb 2021 19:54:12 GMT

N0 - You will have to prepare a separate statement for the amended 1120-S return and attached it to the return.

For an amended individual return, there is separate form--1040X--which has a section for an explanation. The form for an amended 1120-S is the same form as the original return. The preparer just marks the Amended return box in Section H. So there is no section for an explanation.

Re: How do you amend 2019 1120S

samiller34 — Tue, 09 Feb 2021 15:20:57 GMT

That's a shame. It would be easy for them to add. It would be a lot like the one they already have for the 1040X