Tax Advice

[the student]

Tax Refund

 I made $1400 on my job.

and then i loss $400 on robin hood.

And I gained $15 on acorns(another stock brokerage). 

I only reported robin hood since I forgot all about acorns.

so would i need to file an amend? thanks.

[the student]

 I made $1400 on my job.

and then i loss $400 on robin hood.

And I gained $15 on acorns(another stock brokerage). 

I only reported robin hood since I forgot all about acorns.

so would i need to file an amend? thanks.

[Irene2805]

If you have already filed your return, you have to wait until the IRS either rejects or accepts your return. 

• If your return is rejected, you will be able to go into your account, make the changes to your tax return, and re-submit your return.
• If the IRS accepts your return, however, then you have to wait longer until it has been fully processed and you have received your refund.  THEN you can prepare an amended tax return to include the Acorn income and mail it in.  

IMPORTANT:  Meanwhile, DO NOT go in and start changing anything on your return in the system, or you will make a mess for yourself.  Sit tight and wait until you see what the IRS does with the return you just e-filed.

Please see the instructions contained in these TurboTax Help articles to amend your return: 

• How to amend (change or correct) a return you already filed
• How do I amend my 2019 TurboTax Online return?

NOTE:  The 1040X form (amended)return won't be available until probably mid-February.  For current information on forms availability please click on the applicable link below:

• Federal forms
• State forms