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January 23, 2021
Question

Amend return

  • January 23, 2021
  • 1 reply
  • 0 views

I have recently filed my taxes for 2020 and received a letter for a 1099-C.How can I amend it after I already e-filed?

    1 reply

    VolvoGirl
    Employee
    January 23, 2021

    You cannot change or add anything on the return that you just e-filed.  It is too late, just like when you put an envelope in a US mailbox.

     

    Now you have to wait until the IRS either rejects or accepts your return after Feb 12 when the IRS starts processing returns.  If your return is Rejected you can go back into your account and fix it, then resubmit it.

     

    But if the IRS Accepts your return you have to wait even longer for the IRS to fully process your return and you get the first Refund.  You will still have to pay the tax due if you owe on it. THEN you can prepare an amended tax return.

     

    Amend a 2020 Online return

    https://ttlc.intuit.com/community/amending/help/how-do-i-amend-my-turbotax-online-return/00/