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Level 4
February 15, 2025
Question

Form 8453 Form 8949 mail in request - Amendment option

  • February 15, 2025
  • 6 replies
  • 30 views

Is there an option to amend an efile on the same day sent to change the summary to individual transactions for 1099-B Bitcoin ?  (Only four transactions)

 

 

    6 replies

    Level 15
    February 15, 2025

    No, not on the same day as e-filed.  You must wait for IRS acceptance or rejection.  If by any chance it is rejected you can correct the return and send it right back without amending.  If that doesn't work out, you can amend once the amended return is ready.

     

    You should send the Form 8453 and Form 8949 if it is requested with the original accepted return. You can send the corrected forms once you amend the original if necessary.

     

    The amended return may not be ready yet. If you want to make changes or add a document to a tax return that has already been filed and accepted by the taxing agency, you should follow these guidelines. 

     

    By using the link, Tax Forms Availability, you can continue to check to see when it's ready.  Be sure to review all the instructions before you begin so that TurboTax knows the original information and the changes.

     

    • You must first wait until the initial return is completely processed.
    • You will have to use the same TurboTax account that you used for the original tax return.
    • Once you begin your amendment, you'll see your original return.
    • The refund calculator will start new at $0 and only reflect the changes in the refund or tax due
    • Only make changes to the areas of your return that need to be corrected.
    • You have three years from the date you filed your return or two years after you paid the tax due (whichever is later) to file an amendment

    Select your product below and follow the instructions

    Amend TurboTax Online 

    Amend TurboTax Desktop 

     

    The amended form will be ready later in the year. By using the link, Tax Forms Availability, you can continue to check to see when it's ready. If you decide you do need to amend use the steps in the link below.

    Be sure to correct your state return as well.

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    fanfare
    Level 15
    February 15, 2025

    how difficult is it to mail in the details of four transactions?

    @Twostates  

    fanfare
    Level 15
    February 15, 2025

    You can get a copy of Form 8949 in filllable PDF from the IRS website.

    Filling it in is exactly what you would have to do to do it by amendment with TurboTax.

    But easier manually.

     

    @Twostates