If you received a tax form that reflects additional income, the IRS states, "Generally, an amount is included in your income is taxable unless it is specifically exempted by law. Income that is taxable must be reported on your return and is subject to tax. Income that is nontaxable may have to be shown on your tax return but is not taxable." If you received additional tax forms after you e-filed or mailed in your return, you won't be able to change it. It's like putting a letter in the mailbox. You can't retrieve it. You'll have to wait until the IRS accepts or rejects your return. The IRS has announced that they will begin accepting and processing 2020 individual tax returns on February 12, 2021. If your return gets rejected, you'll be able to add the tax form and submit the corrected return. If your return gets accepted: The IRS may correct your return for the tax form and if you agree with their correction, don't have to amend your return. If the IRS does not correct your return for the tax form, you'll have to amend your income tax return. NOTE: At this time, you're not able to amend a 2020 income tax return. Check the forms availability to see the date you'll be able to amend.

Question

I need to edit my return based on a paper i got in the mail

Forum|Forum|5 years ago
February 1, 2021
1 reply
0 views

No text available

TurboTax Free Edition Online

H

HelenC12

If you received a tax form that reflects additional income, the IRS states, "Generally, an amount is included in your income is taxable unless it is specifically exempted by law. Income that is taxable must be reported on your return and is subject to tax. Income that is nontaxable may have to be shown on your tax return but is not taxable."

If you received additional tax forms after you e-filed or mailed in your return, you won't be able to change it. It's like putting a letter in the mailbox. You can't retrieve it.

You'll have to wait until the IRS accepts or rejects your return.
The IRS has announced that they will begin accepting and processing 2020 individual tax returns on February 12, 2021.

If your return gets rejected, you'll be able to add the tax form and submit the corrected return.

If your return gets accepted:

The IRS may correct your return for the tax form and if you agree with their correction, don't have to amend your return.
If the IRS does not correct your return for the tax form, you'll have to amend your income tax return.
NOTE: At this time, you're not able to amend a 2020 income tax return. Check the forms availability to see the date you'll be able to amend.