Can I amend filed tax returns to pay self employment taxes with optional method for 2016, 2015, and 2014 now? I need the work credits applied for SSA disability purposes.

I would be filing amendment returns and paying social security taxes for these years in order to gain my work credits for being self employed those years. I was not aware of the optional method until this year. And other sources are saying you can go back 3 years so does that mean I cannot file an amendment for 2014 even though I am paying taxes and not getting a refund?

Answer

You may file an amended return from before 2015; however, it is likely that the IRS will not accept payment even if they change the account.  You would need to contact Social Security on how that would affect your case.  Regardless, 2014 can no longer be filed through TurboTax.

However, if you needed to amend the 2015 and 2016 returns you may do so.  You will want to mail in the 2015 return before April 15 to guarantee that the amendment adjusts the return before the statute of limitations has expired if it is necessary that the payment for the change also be credited to your account.

The following FAQ provides instructions on how to prepare amended returns for 2015, 2016 (and 2017 and 2018 as well).  Click the embedded link for the year you need to amend:  

You can amend returns that have been accepted by the IRS. If your return is pending, you won't be able to make any changes until it's accepted or rejected by the IRS. If you don't know your e-file status, we can help you check it.

Select a tax year for specific amending instructions.

Keep in mind: You have 3 years from the date you filed your return (or 2 years after you paid the tax due, whichever is later) to file an amended return, which means you don't have to get it done by the April 15 filing deadline.

Was this answer helpful? Yes No
Default user avatars original
TurboTax TaxPro

No answers have been posted

More Actions

People come to TurboTax AnswerXchange for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Do you still have a question?

Ask your question to the community. Most questions get a response in about a day.

Post your question to the community
Default