Provide a clear explanation of your reasons for filing the Form 1040-X. If you are paper filing the return, attach all forms you are amending along with any new supporting documentation and mail them to the address provided for your location in the Form 1040 instructions. This will be the same IRS service center that processed your original income tax return. If you don’t include the payment, the IRS may assess interest and perhaps penalties on the unpaid balance. Beginning with the 2019 tax years, amended federal returns are able to be electronically filed as long as you electronically filed the original return.

Fiduciary filers may also be able to file amended returns using third-party software. In addition, the IRS is finalizing details that will be available soon for a special withdrawal option for those who have filed an ERC claim but the claim has not been processed. Filers of these more than 600,000 claims awaiting processing will have this option available. Those who have willfully filed fraudulent claims or conspired to do so should be aware, however, that withdrawing a fraudulent claim will not exempt them from potential criminal investigation and prosecution. The IRS continues to work previously filed Employee Retention Credit (ERC) claims received prior to the moratorium but renewed a reminder that increased fraud concerns means processing times will be longer. The IRS announced today that hundreds of criminal cases are being worked, and thousands of ERC claims have been referred for audit.

Do you need to file both a federal and state tax return?

You still have the option to submit a paper version of Form 1040-X and receive a paper check. If you have a simple tax return, you can file for free yourself with TurboTax Free Edition, or you can file with filing amended tax return turbotax TurboTax Live Assisted Basic or TurboTax Live Full Service Basic at the listed price. If amending your tax return increases the refund amount you should get, the IRS will issue you an additional refund.

• If you file your individual tax return and then realize you made a mistake, you can change your tax return.
• If you don’t include the payment, the IRS may assess interest and perhaps penalties on the unpaid balance.
• However, if you only need to make specific changes to your state return, select your product below and follow the instructions.
• You may make your tax payment online through ePay on our website or with a credit or debit card.

This includes any new 1099 or W-2 you receive if you under-reported your income. If you are claiming a new deduction or credit, any document that supports your eligibility to claim it such as a receipt will be helpful. It’s also a good idea to have a copy of your original tax return available. Each tax return you are amending requires its own Form 1040-X mailed in a separate envelope. Mail the completed form to the appropriate address listed in the Form 1040-X instructions.

What forms are required with an electronically filed amended return?

The IRS, along with its partners in the tax industry, continue to strengthen security reviews to help protect against identity theft and refund fraud. The normal processing time for Form 1040-X, Amended U.S. Individual Income Tax Return, is between 8 and 12 weeks from the time the IRS receives your tax return. If you want to track the status of your amended return, use the IRS Where’s My Amended Return?

Remember, with TurboTax, we’ll ask you simple questions about your life and help you fill out all the right tax forms. Whether you have a simple or complex tax situation, we’ve got you covered. Since you have already filed your returns and they have been Accepted, you need to wait until the IRS fully processes your return and you receive your refund. The ERC is a complex claim with precise requirements to help businesses during the pandemic, and the IRS has received approximately 3.6 million of these claims over the course of the program. The IRS is developing new initiatives to help businesses who found themselves victims of aggressive promoters.