Hurricane IAN Amended tax return 2022 vs 2023

I declared. hurricane Ian Casualties on my 2022 Tax return. Unfortunately, more damages were discovered in 2023. My question is: Do I amend 2022 by adding the new information on form 4684 ? OR, amend 2022 by making the 4684 "0" and then entering all the revised data on my 2023 Tac Return on form 4684?

Cathy E

[email address removed]

1498

Expert Alumni

Mar 13, 2024 7:01:59 AM

There's nothing wrong with either of those approaches. You could also make a brand new 4684 that just includes the new damage. Any of these would be correct.

So the answer is - figure out which of these approaches gets you the biggest refund and do that.

@eybsca

Level 1

Mar 13, 2024 7:24:36 AM

Thanks so much for your fast reply,

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Hurricane IAN Amended tax return 2022 vs 2023