Question

When Will Turbotax allow filing of 2021 AMENDED return?

Forum|Forum|4 years ago
February 28, 2022
1 reply
0 views

My spouse and I filed a joint, married return, which was accepted. We now want to file an AMENDED return for 2021, changing to married, filing separately. I understand we have a limited amount of time to do this (until April 18). We want to file the amended return as quickly as possible, but Turbotax indicates this option will only become available "later" in the year.... How LATE will this option become available?? Obviously it will be no use to us if Turbotax delays this option for much longer and it gets to be April 18 or later.

TurboTax Premier Online

B

Bsch4477

Employee

March 17 is date given for being able to amend.

X

xmasbaby0

Employee

https://ttlc.intuit.com/questions/2895311-how-do-i-switch-from-filing-jointly-to-filing-separately

And....you know the rules regarding itemizing or using standard deduction?

If you choose to file married filing separately, both spouses have to file the same way—either you both itemize or you both use standard deduction. Your tax rate will be higher than on a joint return. Some of the special rules for filing separately include: you cannot get earned income credit, education credits, adoption credits, or deductions for student loan interest. A higher percent of your Social Security benefits may be taxable. Your limit for SALT (state and local taxes and sales tax) will be only $5000 per spouse. In many cases you will not be able to take the child and dependent care credit. The amount you can contribute to a retirement account will be affected. If you live in a community property state, you will be required to provide additional information regarding your spouse’s income. ( Community property states: AZ, CA, ID, LA, NV, NM, TX, WA, WI)

If you are using online TurboTax to prepare your returns, you will need to prepare two separate returns and pay twice.

https://ttlc.intuit.com/questions/1894449-married-filing-jointly-vs-married-filing-separately

https://ttlc.intuit.com/questions/1901162-married-filing-separately-in-community-property-states

https://ttlc.intuit.com/questions/1894449-is-it-better-for-a-married-couple-to-file-jointly-or-separately

**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.**