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Employee
April 11, 2025
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Filing an amendment on already filed return due to TurboTax notification

  • April 11, 2025
  • 1 reply
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I received following email from TurboTax after I already filed my return and received the refund:

Hi there,

We’re reaching out to you because we’ve identified an error that might impact your 1099-INT data in TurboTax. The error isn’t with your Form 1099-INT itself, just the box 1 data TurboTax received. Please follow these steps to make sure the information in TurboTax is correct:

 

  1. Sign In TurboTax
  2. Open or continue your return
  3. Navigate to Income then Investments and Savings to find your 1099-INT(s)
  4. Select Edit next to your 1099-INT (if you have multiple, please check each)
  5. Compare what’s in box 1 of a physical or electronic copy of your 1099-INT with what’s in TurboTax
    1. You might have multiple accounts on a single Form 1099-INT, so please make sure that the amount in box 1 is the total interest income from all the accounts listed on that form.

After following above steps, we confirmed that we missed reporting other 1099-INT interest incomes in other accounts.  How do we correct the misreported 1099-INT income? Do we edit the existing turbotax file or do we create a separate new turbo tax file to amend the previous one? This is the first time we are amending an already filed return. Please help.
Thanks

    Best answer by VolvoGirl

    You start with the current existing return.  Start the Amended process then enter the missing interest.

     

    How to Amend the current year
    https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk

     

    It's under Federal Taxes Tab or Personal (Home & Business)
    Other Tax Situations
    Other Tax Forms
    Amend a Return - Click Start or Update

     

    1 reply

    VolvoGirl
    VolvoGirlAnswer
    Employee
    April 11, 2025

    You start with the current existing return.  Start the Amended process then enter the missing interest.

     

    How to Amend the current year
    https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-federal-tax-return-current-year/L7eS6o1qh_US_en_US?uid=lfunevhk

     

    It's under Federal Taxes Tab or Personal (Home & Business)
    Other Tax Situations
    Other Tax Forms
    Amend a Return - Click Start or Update

     

    ArnoldRAuthor
    Employee
    April 11, 2025

    When I click the link, it looks I am going to re-enter all my income again (W2, etc.) , is that correct?  Why do I have to re-enter everything again? Can I just open the 2024 Turbo Tax File that I e-filed and got accepted already and just revise the 1099-INT incomes?

    VolvoGirl
    Employee
    April 11, 2025

    No you don't enter anything again.  Where are you stuck?   What screen are you on?