I have commercial property (9 stores) that the bank forced placed flood insurance in 2014. I never claimed it in my 2014 tax return. How can I claim it now?

[ThomasM · Accepted solution]

If you want to claim the flood insurance for 2014, you'll need to file an amended return (1040X) for that year.  IRS won't let you add it on to a later year's return.  You've got three years from the original due date to file and receive a refund, so you have until next April.

You can prepare it in TurboTax but IRS only accepts amendments on paper, so you'll print, sign, and mail it.

Here's a link to the TurboTax FAQ page for amending returns, which will get you started: https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed