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March 2, 2021
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I need to amend my taxes due to late Schedule K. I have received my return funds from IRS, but their site shows it's not accepted or funds sent. How do I amend?

  • March 2, 2021
  • 1 reply
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I filed my taxes with IRS on 2/13 and it was received that day.  I received my return funds on 2/23, but IRS website still shows the refund is not approved nor has it been sent.  I need to amend my 2020 return for a late schedule K, but I cannot amend until the IRS officially shows my taxes were accepted and approved.
Best answer by xmasbaby0

Do not try to change anything on your return now.  When you amend, your Form 1040X has to be prepared from the return exactly the way it looked when you filed it originally.   You have to wait.   Once your return has been processed you will complete a Form 1040X   --- which is not yet available --- and submit it to amend the mistakes made when you filed your original return. It takes the IRS at least four months to process an amended return.

The Form 1040X you need is under revision and is not ready yet.  The Form 1040X does not become available in the software until the end of March 2021 (subject to change).

 

 

https://www.irs.gov/forms-pubs/new-information-for-form-1040-x-filers

 

1 reply

xmasbaby0Answer
Employee
March 2, 2021

Do not try to change anything on your return now.  When you amend, your Form 1040X has to be prepared from the return exactly the way it looked when you filed it originally.   You have to wait.   Once your return has been processed you will complete a Form 1040X   --- which is not yet available --- and submit it to amend the mistakes made when you filed your original return. It takes the IRS at least four months to process an amended return.

The Form 1040X you need is under revision and is not ready yet.  The Form 1040X does not become available in the software until the end of March 2021 (subject to change).

 

 

https://www.irs.gov/forms-pubs/new-information-for-form-1040-x-filers

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
fulton610Author
March 2, 2021

That is helpful.  Can my amended return via 1040X be completed online submission or does it need to be snail mail?

Employee
March 2, 2021

When the form becomes available you can complete it and e-file it.   

 

https://www.irs.gov/forms-pubs/new-information-for-form-1040-x-filers

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**