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Level 3
posted Jan 30, 2024 6:26:48 AM

How To Make Amendment After Filing State and Federal?

I filed my Federal and State Taxes through Turbo Tax and forgot about a CD account I closed early in 2023 which earned some interest. How can I make an amendment to my Federal and State return after filing to include this interest?

 

Thanks

0 2 399
1 Best answer
Expert Alumni
Jan 30, 2024 6:28:29 AM

You will need to file an amended return to report this form 1099-INT.

 

As you have already filed, please wait to see if your return is accepted or rejected. If rejected, you may correct and resubmit. If it is accepted, you need to file an amended return.

 

If you are expecting a refund, we recommend that you wait to amend until after the IRS has processed your original return and you have received your refund.

 

To amend your tax return, please read the instructions in this TurboTax FAQ.

 

Please note that the amendment form 1040X will only be available on TurboTax after 2/14/2024.

2 Replies
Expert Alumni
Jan 30, 2024 6:28:29 AM

You will need to file an amended return to report this form 1099-INT.

 

As you have already filed, please wait to see if your return is accepted or rejected. If rejected, you may correct and resubmit. If it is accepted, you need to file an amended return.

 

If you are expecting a refund, we recommend that you wait to amend until after the IRS has processed your original return and you have received your refund.

 

To amend your tax return, please read the instructions in this TurboTax FAQ.

 

Please note that the amendment form 1040X will only be available on TurboTax after 2/14/2024.

Level 3
Jan 30, 2024 6:36:32 AM

Thanks a lot for your help.