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Returning Member
posted Jun 7, 2019 5:26:54 PM

Just realized I should have itemized home and car deductions instead of taking the standard deduction for the 2017 year. What should I do?

0 6 750
6 Replies
Level 15
Jun 7, 2019 5:26:55 PM

What car deductions?
Do not confuse Schedule A personal itemized deductions (which are compared to the Standard deduction) and Schedule C self-employment ones.

Returning Member
Jun 7, 2019 5:26:57 PM

Self Employment

Level 15
Jun 7, 2019 5:26:58 PM

You get both the Standard Deduction (or Itemized Deductions on sch A)
AND self employment business expenses on schedule C.

Level 15
Jun 7, 2019 5:26:59 PM

Select a tax year for specific amending instructions.

Keep in mind: You have 3 years from the date you filed your return (or 2 years after you paid the tax due, whichever is later) to file an amended return, which means you don't have to get it done by the April 15 filing deadline.

·         2018

·         2017

·         2016


Returning Member
Jun 7, 2019 5:27:01 PM

Will the IRS give me a refund after I file the amendment and when?

Level 15
Jun 7, 2019 5:27:03 PM

Amended returns can only be mailed.  It can take them 16 weeks for the IRS to process them.  And they only mail checks for refunds.   After 3 weeks you can track it here,    <a rel="nofollow" target="_blank" href="https://www.irs.gov/filing/individuals/amended-returns-form-1040-x-/wheres-my-amended-return-1">https://www.irs.gov/filing/individuals/amended-returns-form-1040-x-/wheres-my-amended-return-1</a>