I filed my taxes 2023 yesterday and federal accepted today. Then I received a 1099 misc form. What do I do?

[Bsch4477]

The IRS will not process returns until January 23 so wait to see if your return was accepted and processed by them. If so, you can either wait until your tax liability is settled and then amend your return or if the added 1099-misc form wouldn’t change your tax liability significantly you can just wait for the IRS to adjust your return. 

[MichaelG81]

Yes, if you got another form like a W-2 or 1099-MISC after filing or you forgot to add something you can still fix your return.

You'll want to determine if the IRS or state has accepted the information you already filed. If the IRS or state has accepted it, you'll see Accepted as the status of your return when you sign in to TurboTax (in Tax Home) or when you open the CD/Download Turbotax software. If they have accepted your return, then you may need to amend your tax return.

If your return was rejected (not the case for you), you can add the missing form or information, correct the reason for rejection and resubmit.

If you forgot to add something like dependent information, a deduction you qualify for, or even used the wrong filing status it can have a significant impact to your tax bottom line (your refund or amount due).  Some info doesn't make a difference monetarily, but can still be something the IRS or state needs corrected. Your best bet is to correct (amend) the information and send it back to the IRS or state.

If you want to change or correct some info on your tax return after you've filed it, you may need to amend your return. Here are some things to know before you begin:

• You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment
• Make sure you really need to amend
• Wait until your return has been accepted (or mailed if paper-filing)
• Use the same TurboTax account you used to file your original return
• Once you begin your amendment, you'll see your original return. Only make changes to the areas of your return that need amending. The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
• Any changes you make to amend your federal return will automatically be transferred over to your state return

Select your product below and follow the instructions.

TurboTax Online

TurboTax CD/Download

If you want to track the status of your amended return, use the IRS Where's My Amended Return? tracking tool. Allow at least 16 weeks for the IRS to process your amended return.

@socalmom