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February 20, 2025
Question

transfer info from amended return

  • February 20, 2025
  • 1 reply
  • 0 views

I began working on our 2024 return, transferred all the pertinent info from the 2023 return.  I then discovered that I needed to file an amended 2023 return, which I did.  The issue had to do with an IRA basis.

 

Because I am so far into the process, I do not want to start over on the 2024 return.  However, I keep getting the message that the basis is not what TT transferred from 2023 and I need to enter an explanation.  My question is whether there is any way to transfer updated information from the amended 2023 return once I have already started the 2024 return.

 

Thanks for any insight.

    1 reply

    February 27, 2025

    To transfer the 2023 amended return information, you will need to start over.

     

    For the explanation, you can enter that the 2023 basis was updated on an amended return.