How to File an Amended Tax Return with the IRS

The IRS’s Interactive Tax Assistant has a quiz that will help you determine whether you should file an amended return. If you are amending a return in order to get an additional tax refund, you can go ahead and cash or deposit any refund you get in the meantime. However, do not file your amended return until after you have received the refund. It generally takes the IRS 16 weeks to process an amended return, so you should wait at least 12 weeks before checking on the status of your new amended tax refund.

He has also been quoted as an expert by USA Today, Forbes, U.S. News & World Report, Reuters, Accounting Today, and other media outlets. Rocky has a law degree from the University of Connecticut and a B.A. You can pretty much count on paying some interest, since the IRS charges interest on any taxes not paid by the due date. But you can minimize the amount of interest you’ll be charged by paying the tax owed quickly. The interest rate changes on a quarterly basis (it’s 5% for the third quarter of 2022 and 6% for the fourth quarter).

Remember that the IRS will catch many errors itself

No extension is allowed on the home heating credit. If the home heating credit claim is filed after September 30th, the credit will be denied. Being aware of the situations that can trigger an amended return could help you avoid making a mistake you’ll have to correct later. If you use software or an online service to prepare your 1040-X, you’ll have to print a copy to mail. It’s probably a good idea to print a second copy to keep for your records.

The money we make helps us give you access to free credit scores and reports and helps us create our other great tools and educational materials. If you are amending more than one tax return, you will need how to amend a tax return on turbotax to file a separate Form 1040-X for each tax return you are amending. You will need to mail each form in a separate envelope. You do not need to submit your original tax return with your amended return.

How to change or amend a filed return

If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. If you used a human tax preparer, don’t assume they will amend your tax return for free or pay the extra ttps://turbo-tax.org/ taxes, interest or penalties because of a mistake. When you have changes or corrections, you may need to amend the tax return you filed. Be sure to enter the year of the return you are amending at the top of Form 1040-X.