I need to amend my 2021 return as I filed in 2022 before TurboTax had been updated with form 8915 and did not realize that the covid retirement distribution I took in 2020 did not pull into my return so I could pay tax on 1/3 of the distribution. I entered all the information and got to the point where I get a message: Federal return ready to e-file and state return ready to print and mail, however, Turbotax won't actually let me e-file. I cannot enter today's date to make the payment as it does not like the date and seems confused that I owe money since my amended return is also a refund, just a few hundred dollars less. Does anyone know if Turbotax should be allowing this or if I need to print and mail my federal amended return?
January 31, 2023 5:28 PM last updated January 31, 2023 5:28 PM Connect with an expert
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3 Best answerPlease be aware, that you cannot e-file for years prior to 2022, you'll need to print and mail your amended return. Please see How do I amend my federal tax return for a prior year? and Can I e-file my 1040X to amend my return for additional information.
To verify, when you started your amended return the refund counter stated $0, correct? If the amended return states you are getting a refund after making changes, it seems it calculated a refund and you might want to check your entries.
Please sure you enter the amount from Form 8915-E, line 9 twice (if it was not from an IRA) or enter the amount from Form 8915-E, line 17 twice (if it was from an IRA). This amount should be 1/3 of your 2020 COVID distribution.
If you have a balance due then you can also pay on the IRS Payment site .
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yes you want an extra $2,000 on line one. this comes from 1040 Line 4b or 5b depending on the type of account.
also note IRS wants the 8915-F worksheets attached to Form 8915-F.
I recently noticed this requirement in the Instructions.
you have to file a 2021 amendment by US Mail.
Do not include your old 1040 nor your revised 1040 because the Form 1040-X reflects any changes there and becomes your new tax return.
February 2, 2023 10:06 AM"Does that seem correct?"
For 2021, the 8915-F Part I is completely EMPTY.
In Part II check the NO box on line 8 and skip to Line 12.
Penalties:
Subtract any penalty from the amount you owe reported on original 1040.
Don't try to include, but ignore, any new or changed penalty.
IRS will calculate your new penalty on their own and will bill you.
Please be aware, that you cannot e-file for years prior to 2022, you'll need to print and mail your amended return. Please see How do I amend my federal tax return for a prior year? and Can I e-file my 1040X to amend my return for additional information.
To verify, when you started your amended return the refund counter stated $0, correct? If the amended return states you are getting a refund after making changes, it seems it calculated a refund and you might want to check your entries.
Please sure you enter the amount from Form 8915-E, line 9 twice (if it was not from an IRA) or enter the amount from Form 8915-E, line 17 twice (if it was from an IRA). This amount should be 1/3 of your 2020 COVID distribution.
If you have a balance due then you can also pay on the IRS Payment site .
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Thank you for the information. Yes, my refund starts at zero when I begin and when I finish my refund is a few hundred dollars less than my original return so it rightly shows as a balance due. It seems like I have to mail the payment as the spot in TurboTax that does not reflect that I owe money is on the screen to set up direct debit date. This must be a glitch since the advice given is that I cannot e-file the amendment even though TurboTax initially gives me that option.
I am not sure about the instruction to enter the amount from form 8915 line 9 twice. Shouldn't I enter the amount as is which represents 1/3 of the distribution? I had a $6k withdrawal, I claimed $2k in 2020, should have claimed $2k in 2021 and will claim $2k in 2022.
