Question

Correct tax return

Forum|Forum|3 years ago
April 15, 2023
1 reply
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Hi,

I just transmitted my Fed and State taxes last night and then this morning realized that I forgot to include a significant self-employed business expense. Since we are still before the 4/18 deadline, can I just refile my 1040 with the new expense, or do I have to file an amended return (1040X) at a later time?

X

xmasbaby0

Employee

You cannot just send in the expenses on a new 1040. Wait for the return to be fully processed and then amend to include the expenses on your Schedule C.

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

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