AGI Transfer

Forum|Forum|6 years ago
January 29, 2020
1 reply
3 views

Hello. I'm concerned about a possible rejection e-filing my return. When preparing this years return I imported relevant information from last years return after which I discovered that the return info was not part of the actual return filed. So I ended up w/ an incorrect AGI that was imported. I've corrected it, but I'm concerned it will rejected when filed because of any possible confusion of what AGI will be recognized as accurate. The one officially filed or the one imported that is incorrect?

CatinaT1

Level 15

The IRS uses your prior year AGI to combat fraud.

You can request a transcript of your 2018 tax return from the IRS to ensure you have the right number. You can request your transcript online at the following link: Get Transcript

Check these items as well to ensure you have the correct number. If you:

Filed late last year after mid-November or your return was processed after that time—try entering 0.
Amended your return last year—make sure you’re using the AGI from your original return, not the amended one. (If you only have a 1040X form, it’s on line 1, column A).
Rounded your AGI to the nearest dollar—be sure to round up when it’s 50 cents or more and down when it’s 49 cents or less.
Filed with your spouse last year—you and your spouse have the same 2018 AGI. (Don’t split the AGI amount or enter 0 for one of you).

Unfortunately, without the correct number, your only option would be to print and mail in your return.

This article will give you instruction on how to print and mail your return.

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mesquitebean

Level 15

You wrote:

"I'm concerned about a possible rejection e-filing my return. When preparing this years return I imported relevant information from last years return after which I discovered that the return info was not part of the actual return filed. So I ended up w/ an incorrect AGI that was imported. I've corrected it, but I'm concerned it will rejected when filed because of any possible confusion of what AGI will be recognized as accurate. The one officially filed or the one imported that is incorrect?"

That's a bit confusing above, but it sounds like you are saying that you transferred 2018 information from an incomplete, unfiled 2018 return from last year into your 2019 return, instead of the final 2018 return with the true 2018 AGI you actually filed last year. Is that correct?

If that's the case, the IRS will use whatever 2018 AGI you actually ultimately submit in your efiled 2019 return. If you corrected the 2018 AGI prior to efiling, then the corrected AGI is the only 2018 AGI that gets sent.

NOTE: As TurboTax CatinaT1 mentioned above, if you filed the 2018 return real late in the year (such as mid-November or later), you would use an AGI of 0. See the rest of her list above.

If you indeed transferred your data from the wrong or incomplete 2018 tax file when you started this year, then it's possible that other additional incomplete info from 2018 transferred into your return. So, hopefully, you checked through the entire return prior to filing to be sure nothing else was wrong that might have come in from 2018, and either edited, updated, or removed it.

If you need further help, please provide additional information. And please specify if you are referring to a personal income tax return or a business return (corporations, S-corp, partnerships, etc.). And are you using Online TurboTax or desktop software (CD/download)?