A Step-by-Step Guide to Filing an Amendment on TurboTax

📝Filing an amendment is necessary if you need to correct errors or add missing information to your tax return.

💰Amendments can result from forgetting to include income sources, incorrect deductions, or new information that affects your tax liability.

🗓️You can amend your tax return within three years after filing the original return or within two years after paying the tax, whichever is later.

📑Filing an amendment is not limited to TurboTax users who filed their original return using the software. You can also amend paper-filed returns.

💵If you're eligible for a refund on your amended return, the IRS will issue a paper check instead of a direct deposit.

Why would I need to file an amendment?

—Amendments are necessary if you need to correct errors, add missing information, or update your tax return due to new circumstances.

What are common reasons for filing an amendment?

—Forgetting to include income sources, incorrect deductions, changes in filing status or dependents, or new information that affects your tax liability.

How long do I have to file an amendment?

—You can amend your tax return within three years after filing the original return or within two years after paying the tax, whichever is later.

Can I file an amendment if I used a different tax software or filed on paper?

—Yes, you can file an amendment regardless of the original filing method. TurboTax supports both electronically filed and paper-filed amendments.

Will I receive a direct deposit refund for an amended return?

—No, if you are eligible for a refund on your amended return, the IRS will issue a paper check instead of a direct deposit.

00:00Introduction to the process of filing an amendment on TurboTax.

02:59Importance of filing an amendment to correct errors or add missing information.

05:40Explanation of the time limit for filing an amendment.

08:45Overview of the process for amending a paper-filed return.

11:22Information on receiving a refund for an amended return.