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Does turbotax help with amended returns11/5/2023 If you're missing a document, again, the IRS can handle this and typically alerts you by mail. That's typically easy to resolve, Kazenoff says. For example, say you didn't include a 1099. She adds that if you prepared your taxes with TurboTax Live, you can connect with the TurboTax Live CPAs and enrolled agents year-round to get help amending your return.īut filing an amended return can also be done without help, especially if it's something fairly straightforward. If you used TurboTax to file your return, the software can also walk you through amending your tax return, Lisa Greene-Lewis, a TurboTax expert and CPA, tells CNBC Make It. Read on for what to do if you have a bigger tax mistake to solve. But for most people, it's still manageable. If your error means you actually owe more to the IRS, the process can be a little more complicated. "Better to wait for it to get processed." The IRS says that most returns are processed within 21 days. "You really should wait until that first return is processed because you want it to go through the system," says Kazenoff, who previously worked as a senior tax attorney with the Office of Chief Counsel at the IRS. At that point, you will be able to see if the IRS simply corrected the error or has asked you to submit more information.Īnd Kazenoff says it's OK to cash the refund check from the original return before receiving any additional refund that may be due to you. If the issue is a small one, the best thing you can do is wait until the IRS has fully processed your initial tax return. ![]() For example, if the mistake you realize you've made has to do with math, it's no big deal: The IRS will catch and automatically fix simple addition or subtraction errors.Īnd if you forgot to send in a document, the IRS will usually reach out in writing to request it.
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