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Level 2
posted Apr 5, 2022 6:29:18 PM

Amend a return with a increase of income

Hello ! 
 I need to amend my return with a increase of my income . I’m a self employed and didn’t put the right amount. Is that can be considered a red flag for IRS? 

0 2 320
2 Replies
Expert Alumni
Apr 5, 2022 6:44:01 PM

No, this would not be considered a red flag for the IRS if you increase the amount of self-employment income that you earned. There is nothing suspicious about amending a return to correct income.

 

Here is a TurboTax Help that will get you started on amending your return.

Level 2
Apr 5, 2022 7:50:21 PM

Thanks!