I erroneously did not file form 1116 in 2023 and was eligible to do so. On my 2024 return, can I carryforward the foreign taxes paid, but not not claimed in 2023? Or do I need to file and amended 2023 return?

[DavidD66]

No, you will have to file an amended return and add Form 1116.  To file an amended return see:  How do I amend my federal tax return for a prior year?

[wmad1975]

My question, once I complete the Amended return since it did not have the 1116 form numbers, in my case, it generated an additional refund of $ 769. What do I do next, do I have to wait to file another amended return for year 2024, since I already e-filed it 5 days ago. Thank you

[Vanessa A]

Did you download last years program to amend your 2023 return?  If so, it allowed you to e-file?

You should have had to print and mail your 2023 amended return, but anyhow, your 2023 amended return does not affect your ability to file your 2024 amended return.  You can still file the amended return and should do so ASAP.  If you are unable to e-file, then you will need to mail it.  

If you get another refund, then it won't cause any harm to wait, however, if you end up owing, you would then need to pay interest and penalties.  It is not likely since you would be getting a credit that you would owe, but just a heads up in case you are changing anything else. 

[wmad1975]

Thank you for that response.

I could not do it electronically. Yes, the specialist from Turbo Tax advised me to down load the 2023 Tax software (Window version) to create the amended return. I did that and seem to have completed the Amended 2023 return with the inclusion of the missing form 1116 Foreign Tax carry forward numbers - seems to be correct at this time.

Since the instructions were to mail the Federal portion, Question is where do I mail the 2023 Amended Federal Tax return (61 pages)

Secondly, the instruction mentioned NOT to mail the GA Amended return but instructions would be provided as how to e-file that return - when I selected “Continue” - there were no such instruction. What do I do? should I print and mail. If so, what is the mailing address for GA state for 2023 Amended Tax  return - about 63 pages. By the way the amended GA state return has Zero impact - do I still need to mail.

Thank you.

[DianeW777]

Mail the amended tax return for the IRS to the address in the link below for your state.

• IRS Mailing Addresses

Yes, print and mail the Georgia (GA) tax return as well.  Use the address in the link below. I would advise to mail the tax return to GA because when a federal amendment is processed the states also receive information and may contact you later. 

• GA Individual Tax Return Mailing Address

@wmad1975 

[wmad1975]

Thank you. 

[wmad1975]

Hello,

Now that I have completed the 2023 Amended Return to include the Foreign Tax paid and accumulated but was not imported through Turbo Tax soft ware. I lost over $ 1000 since the accumulation is capped at 10 years.

Since the updated form 1116 is in the 2023 Amended return and will be mailed by me next week, how do I go about amending my 2024 tax returned to include the updated information on Form 1116.

Please note that I already e-filed my tax returned and has been accepted. According to Turbo Tax, I am expected to receive my refund by May 01 - what should I do to get prepared. Hopefully, I can e-file my 2024 Amended tax  return and not having to mail it like I did for 2023.

Thank you in advance to your response.

[Vanessa A]

Click here for instructions on how to Amend Your Return for 2024.  It will be pretty much the same process as you used to amend your 2023 return. For the 2024 amended return, you should be able to e-file, however some people do need to mail it.