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Level 3
July 25, 2023
Question

1040X

  • July 25, 2023
  • 1 reply
  • 5 views

I recently learned that by entering my 1099Q the TurboTax software has actually been calculating the money as taxable, and that I do not need to enter my 1099Q since it was a qualified withdrawal.  The IRS advised me to amend my returns affected with the 1040X.  If I go back into my original software & amend the return, does that automatically produce a 1040X?

    1 reply

    fanfare
    Level 15
    July 25, 2023

    start with the return you filed,

    tell TurboTax to AMEND.

    1040-X  is generated and will be collecting the revisions/corrections you make.

     

    That's how it's supposed to work.

    Some filers have problems.

     

    @LeeLee7069