Hello,
I need to amend my 2020 tax return that was filed in Feb2021.
I received 1099 B from a brokerage co. late in the game after my taxes were filed.
MY Question is....when would TurboTax Premier AMENDED RETURNS be available????
Turbotax tells me that AMENDED RETURS for 2020 are not available (Due to IRS UPDATES ETC...) when I started Amended return section in the software. Now What???///////
Thank you
Samir
Do not try to change anything on your return now. When you amend, your Form 1040X has to be prepared from the return exactly the way it looked when you filed it originally. You have to wait. Once your return has been processed you will complete a Form 1040X --- which is not yet available --- and submit it to amend the mistakes made when you filed your original return. It takes the IRS at least four months to process an amended return.
The Form 1040X you need is under revision and is not ready yet. The Form 1040X does not become available in the software until March 18 (subject to change).
https://www.irs.gov/forms-pubs/new-information-for-form-1040-x-filers