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New Member
posted Mar 19, 2023 6:38:58 AM

Do I need to amend if I forgot to enter information from form 3921 (ISO exercise and hold) but do NOT owe AMT?

I submitted my 2022 federal and state returns (which were accepted) before realizing that I had forgotten about ISOs exercised and held during the year.

 

I started the amendment process and entered information from 3921 via the ISO exercise and hold interview. The changes did not trigger AMT and my amount owed did not change. When I preview the amended return, I don't see any differences from the original return. It seems that the 3921 is only informational and the AMT worksheet isn't submitted to the IRS, so do I need to file an amended federal return?

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1 Best answer
Expert Alumni
Mar 19, 2023 6:58:49 AM

You don't need to file your amended return since there was no change in tax or reporting on it.

1 Replies
Expert Alumni
Mar 19, 2023 6:58:49 AM

You don't need to file your amended return since there was no change in tax or reporting on it.