Absolutely helpful information here. I didn't notice the tiny line at the top about which year the return is for. Thank you, and keep up the good content.
@@LYFEAccounting Dear LYFE Accounting, I filled the extended Tax return last month in October. I forgot to add 1099 form (I did not mention the quarterly dividend I received from apple and Microsoft shares). Could you please tell If I need to amend the tax return? Also do I need to wait for the original refund to come? Thanks
Dear LYFE Accounting, I filled the extended Tax return last month in October. I forgot to add 1099 form (I did not mention the quarterly dividend I received from apple and Microsoft shares). Could you please tell If I need to amend the tax return? Also do I need to wait for the original refund to come? Thanks
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
Thank you for your very helpful video sir. I need to make an amendment for year 2020 because I forgot to include my nanny's salary in a foreign country for my child and dependent care credit. My questions are: 1. Which lines in the 1040x do I need to fill to make this adjustment? 2. Do I need to also re-do my form 2441 as well, and send it in along with my form 1040x? 3. I e-filed the original return through Turbotax download but lost my .tax file, How do I submit this electronically? Much thanks for your time in advance!
2023 E filed taxe return still shows not processed, for over 3 weeks in till I got referred to her and she assisted me last week I got my taxe return in my account
My adult child filed for the first time this year electronically in March and still waiting we went online it's not even showing that a return was filed until I was recommended to a woman on...
My adult child filed for the first time this year electronically in march and still waiting we went online now it's not even showing that a return was filed
Thanks for this video. One clarification though - you say that there's no need to file the 1040-X if you forgot a form. I was told that I owe the IRS taxes because I had forgotten to attach my 1042-S, although I did. I called the IRS and they said I needed to file a 1040-X.
I was looking at the video very helpful but I still have a question I had already filed my taxes I received them already but forgot another w2 so I amended the other w2 I amended in feb 26 2022 for the tax yr 2021 however I see that you are supposed to amend both fed and state what happens if you only amend fed and not state and does this cause your amended taxes not to be processed ? Thanks I’m new to this tax stuff
Great video and lots of information.I almost didn't watch this video because of the picture holding his chin.Looked like a comic.But clicked it anyway.A nice handsome kind speaking guy appeared flooding the airways with positive enlightening information.
I didn't realize I had my 1099-DIV for a stock my grandma got for me when I was a baby. I filed today too lol😅 I guess I'll be amending in the near future.
i filed my taxes and then sent the irs another form and then they told me to amend all of it and i dont have any of the forms i sent the first time and the thing is, i wouldnt have had any problems if i didn't send them another form.
Should you include the same forms for state and federal returns? I filed and ammended using Turbotax, and im printing the documents to mail them. However, my state documents do not include 1040 or 1040x forms only federal, is that ok or do i need to print on my own?
I need to do one since i have not got my unemployment tax back for that 10, 200 they decided to change we could deduct but after i did my taxes last March .. IRS said they would get them all out by end of the year but nothing ~
So i filed married and jointly electronically then I relised married but seprate would save me money. So I filed an amendment today and mailed it out, my wife can't file until the irs gets the amendment right?
My income is under the threshold topay any taxes I made a m6ßtake ànd checked the box that said take out ten percent will the IRS correçt the mystake and send the extra. Money to my bank account or do I have to make out a a.ended return
I underreported my income so I need to file an amended return. Should I file that ASAP or wait for my original return to get processed and receive my tax return first?
What did you do? I filed today and realized I had the 1099 DIV form I thought I didn't receive. I plan to amend when the refunds go through (both were only accepted today). The amount isn't that high so I know some people would just wait for notice from the IRS but seems silly not to just amend. I just don't plan to amend too soon.
what address does the IRS send amended returns payment to.. the address on your 1040-x form or the address on your transcript?? The address on my 1040-x form is different from the one on my transcript
Filed a return 10 days ago. Expecting $7k refund. Now realized that I forgot to file Form 8936 to claim $7.5k EV tax credit. Should I wait till I receive the $7k refund from my original filing (10 days ago) before I submit the 1040-X to claim $7.5k EV credit (refund) to avoid confusion? Or does IRS deal with my original filing refund ($7k) and 1040-X refund ($7.5k) separately or do they combine them? Thank you for your answer. I
What do you do if you filled thinking your employer has a w2 but they didn’t because I am not taxable due to company IRS rules. I didn’t know this so I filled a 1040 and now irs has sent a letter requesting me to fill out a 1040x. How do I file this change?
Hi, I just want to make sure I comprehended correctly. So if I forgot a W2 form, do I file that form by its self or do I include the W2 form that was already filed and accepted by the IRS? Thanks!
i filed but i put that i couldn’t be claimed is that possible to fix on a tax amendment? and if so would my parents have to wait until i amend it first to claim me and file?
I recently paid off a cares distribution 401k loan I took out but paid taxes on the distribution as income, for the last two years Of filing of taxes. Do i use two Seperate 1040x forms for two separate years to get my income tax back?
I just received the initial social security card for my 5 year old dependent and wasn't able to include him on the 2019 and 2020 tax returns. If I complete an amendment, do I need to list all other dependents that were on the original returns. Also, do I just send a copy of the social security card for the new dependent as proof. Thanks!!
Good mini-workshop. Thanks for the feedback. One question: When filing the 1040-X, are you required to include a copy of the original 1040 tax return of the year that is being amended?
What if you have a balance and not due a refund and it’s been more that 3 years? Can an amended return be submitted to reduce the amount owed after 3 years? Thx
so should i amend? I filed my 2021 taxes (onn 2022) but a week after filing i recieved 1 more w2 tax form. can i use that for for next years filing and just include it in that tax filing or should i amend and file this asap
I’m still waiting as well. Was supposed to use the money to go on vacation but it doesn’t look like I’m getting the money anytime soon. I also haven’t gotten my child tax return that everyone is getting because the IRS is still working on the 1040x. I’m so upset.
I spoke to an IRS agent a little over a month ago who confirmed that staffing on their end has been greatly affected by the pandemic. They are cautioning everyone to expect extended processing time up to 90 days. Her caveat notwithstanding, I was lucky enough to receive my adjusted return roughly 5 weeks later.
If you filled your personal & business taxes on your own & another company filled for your multiple llc then tell say to receive it you have to amend it with the one you filled to get it. How do you go about doing so? This is my first time with all this & I'm so lost.
@@LYFEAccounting Sorry I was speaking into the mic instead of typing. But I have two businesses one on my own & the other is a multi member llc I filed my personal & first business on my own through free usa tax the multi member llc another company filed for me But because I filed mines first they said in order for me to receive the other funds I have to amend my taxes & I don't know how to do that.
I need help do I need to amended my return if I made a error with how much stimulus payments i recieved or will irs correct this when they process my return?
@@childofthemosthigh4100 no I never got answer, researched myself, filed an got my refund, you don't have to ammend return, irs will adjust any calculations when they process your return
Hi I tried to get an ITIN for my wife who lives out of the country. I sent some documents for ITIN along with my 1040 form. However, the IRS did not accept the documents submitted to get ITIN. So, I need to change my status from married jointly to single. Should I wait for IRS to process my refund and then submit my 1040X? Thank you
@@LYFEAccounting could you direct me to a place to show me how? ive gotten onto H&R Block Online, TurboTax and others and cant find the path on their site to get it done. I also filed with CreditKarma Tax, now Cash App Tax, this year. I'm not sure if that would be a problem with filing an Amended return with one of these other places, since I didn't file with them. Thanks you for your help and any additional info you can share!
Absolutely helpful information here. I didn't notice the tiny line at the top about which year the return is for. Thank you, and keep up the good content.
All the videos from LYFE Accounting are very helpful. Please keep going! Thanks a ton.
Your comment gives us the fuel to keep going, thank you!
@@LYFEAccounting Dear LYFE Accounting, I filled the extended Tax return last month in October. I forgot to add 1099 form (I did not mention the quarterly dividend I received from apple and Microsoft shares). Could you please tell If I need to amend the tax return? Also do I need to wait for the original refund to come? Thanks
Thank you so much I was feeling so frustrated and confused! I am ready to amend my returns!🙏🏼Keep up the good work and awesome explanations!☺️
Will do and glad I was able to ease some concern.
I forgot to file the Schedule C for my LLC with my personal tax return and was very nervous about it. Thank you for sharing your knowledge!
Same
Thank you! This is very helpful to me, since this is the first time I’m doing an amended return.
Don't try this yourself you might end up not being approved all you need to do now is to message
Serahack9_solution
On iG
She's in the best position to assist you with any related issue with an IRS refund or if you're to file for a refund
THANK YOU. VERY INFORMATIVE, AND BTW, FREE TAX USA IS WHAT I USED TO FILE MY RETURN.
This video helped take some of the stress off. My only advise for a viewer is to consider watching the 5 tips first 7:09
Dear LYFE Accounting, I filled the extended Tax return last month in October. I forgot to add 1099 form (I did not mention the quarterly dividend I received from apple and Microsoft shares). Could you please tell If I need to amend the tax return? Also do I need to wait for the original refund to come? Thanks
Very impressive. You definitely have mastered the process.
Your video was crystal clear...Thank You.
Thank you. I appreciate this channel so much. ❤
Very clear informative information ! Thank you I feel very confident amendingy taxes
Great, very helpful and informational. Thanks
Glad it helped!
Thank you so much for this great information ❤
Great analysis, thank you! I have a quick question: I have a SafePal wallet with USDT, and I have the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). Could you explain how to move them to Binance?
I mailed my amended return using the stated address and it came back!!
I got accepted Jan 18 2023 1040x for 1400 yr 2021 it say still been processing it’s been 2 months
Thank you for your very helpful video sir.
I need to make an amendment for year 2020 because I forgot to include my nanny's salary in a foreign country for my child and dependent care credit. My questions are:
1. Which lines in the 1040x do I need to fill to make this adjustment?
2. Do I need to also re-do my form 2441 as well, and send it in along with my form 1040x?
3. I e-filed the original return through Turbotax download but lost my .tax file, How do I submit this electronically?
Much thanks for your time in advance!
Thank you. This was clear and helpful!
Wow great information. Thank you
I had to subscribe to your channel. This video was just too good. nice one!
Thanks for the sub!
2023 E filed taxe return still shows not processed, for over 3 weeks in till I got referred to her and she assisted me last week I got my taxe return in my account
My adult child filed for the first time this year electronically in March and still waiting we went online it's not even showing that a return was filed until I was recommended to a woman on...
On Instagram
Serahack9_Solution
My adult child filed for the first time this year electronically in march and still waiting we went online now it's not even showing that a return was filed
She's on Instagram
Thanks for this video. One clarification though - you say that there's no need to file the 1040-X if you forgot a form. I was told that I owe the IRS taxes because I had forgotten to attach my 1042-S, although I did. I called the IRS and they said I needed to file a 1040-X.
How did that turnout
Thank you wasn't has hard as I thought it would be great video!!
I was looking at the video very helpful but I still have a question I had already filed my taxes I received them already but forgot another w2 so I amended the other w2 I amended in feb 26 2022 for the tax yr 2021 however I see that you are supposed to amend both fed and state what happens if you only amend fed and not state and does this cause your amended taxes not to be processed ? Thanks I’m new to this tax stuff
Hi I have a question, If I filed the wrong EIN number do I follow these same steps?
Hello, thank you for the video. I am updating my filing status from single to married filing jointly. How can I do this on 1040x?
Great video and lots of information.I almost didn't watch this video because of the picture holding his chin.Looked like a comic.But clicked it anyway.A nice handsome kind speaking guy appeared flooding the airways with positive enlightening information.
I didn't realize I had my 1099-DIV for a stock my grandma got for me when I was a baby. I filed today too lol😅 I guess I'll be amending in the near future.
Consistently great content. Keep them coming!!
Thanks for your continued support!
What if you don’t wait until it’s been processed?
How do you do a amended tax return 2020 year with form 7202 sick leave for covid
i filed my taxes and then sent the irs another form and then they told me to amend all of it and i dont have any of the forms i sent the first time and the thing is, i wouldnt have had any problems if i didn't send them another form.
Should you include the same forms for state and federal returns? I filed and ammended using Turbotax, and im printing the documents to mail them. However, my state documents do not include 1040 or 1040x forms only federal, is that ok or do i need to print on my own?
Hi I filed my taxes back in February but didn’t add my unemployment W2 form on it. How can I file my unemployment
Very helpful. Thank you.
Awesome Tutorial
I need to do one since i have not got my unemployment tax back for that 10, 200 they decided to change we could deduct but after i did my taxes last March .. IRS said they would get them all out by end of the year but nothing ~
sweet video man, thank you!
I entered the wrong amount of my last years AGI... Do you think I'll need to do a amended return??
Great job! Concise, thorough and no unnecessary chatter.
Nice video, I have a questioned it is possible t cancel a taxes file
So i filed married and jointly electronically then I relised married but seprate would save me money. So I filed an amendment today and mailed it out, my wife can't file until the irs gets the amendment right?
My income is under the threshold topay any taxes I made a m6ßtake ànd checked the box that said take out ten percent will the IRS correçt the mystake and send the extra. Money to my bank account or do I have to make out a a.ended return
Should I amend my taxes for a missing 1099 inc value of $12.64.
My return it taking well over a month haven't received it yet.
I underreported my income so I need to file an amended return. Should I file that ASAP or wait for my original return to get processed and receive my tax return first?
What did you do? I filed today and realized I had the 1099 DIV form I thought I didn't receive. I plan to amend when the refunds go through (both were only accepted today). The amount isn't that high so I know some people would just wait for notice from the IRS but seems silly not to just amend. I just don't plan to amend too soon.
In column B if the tax is decreasing should I put a minus sign?
All you need to do now is to message
Serahack9_solution
On iG
She's in the best position to assist you
what address does the IRS send amended returns payment to.. the address on your 1040-x form or the address on your transcript?? The address on my 1040-x form is different from the one on my transcript
Filed a return 10 days ago. Expecting $7k refund. Now realized that I forgot to file Form 8936 to claim $7.5k EV tax credit. Should I wait till I receive the $7k refund from my original filing (10 days ago) before I submit the 1040-X to claim $7.5k EV credit (refund) to avoid confusion? Or does IRS deal with my original filing refund ($7k) and 1040-X refund ($7.5k) separately or do they combine them? Thank you for your answer. I
What do you do if you filled thinking your employer has a w2 but they didn’t because I am not taxable due to company IRS rules. I didn’t know this so I filled a 1040 and now irs has sent a letter requesting me to fill out a 1040x. How do I file this change?
Hi, I just want to make sure I comprehended correctly. So if I forgot a W2 form, do I file that form by its self or do I include the W2 form that was already filed and accepted by the IRS? Thanks!
All you need to do now is to message
Serahack9_solution
On iG
She can assist you with any related issues with IRS refunds
I want to amend by adding a dependent..no dollar amount change just adding a dependent. Do I still fill out lines 1-23?
If I didn't do state tax return for past year, should I amend it or just send it like normal, even when I'm out of date?
i filed but i put that i couldn’t be claimed is that possible to fix on a tax amendment? and if so would my parents have to wait until i amend it first to claim me and file?
I recently paid off a cares distribution 401k loan I took out but paid taxes on the distribution as income, for the last two years Of filing of taxes. Do i use two Seperate 1040x forms for two separate years to get my income tax back?
I just received the initial social security card for my 5 year old dependent and wasn't able to include him on the 2019 and 2020 tax returns. If I complete an amendment, do I need to list all other dependents that were on the original returns. Also, do I just send a copy of the social security card for the new dependent as proof. Thanks!!
Good mini-workshop. Thanks for the feedback. One question: When filing the 1040-X, are you required to include a copy of the original 1040 tax return of the year that is being amended?
It costs money to get the federal one not state but you can get transcripts for free .
What if you have a balance and not due a refund and it’s been more that 3 years? Can an amended return be submitted to reduce the amount owed after 3 years? Thx
Very helpful
Great info. Thanks alot.
Our pleasure!
so should i amend? I filed my 2021 taxes (onn 2022) but a week after filing i recieved 1 more w2 tax form. can i use that for for next years filing and just include it in that tax filing or should i amend and file this asap
What happened did you amend or filed this year
I forgot to submit my last 2 w-2s and I missing out on more money! Will the IRS catch it or do I have to amend them and submit the last w-2
I’m doing a 1040X for 2020, so should I use my 2020 W-2 or 2019 W-2?
Do you have to do an amendment if you forgot to add a w-2 form
How do you do it when adding a child born 12/08/2020?
I found a missing document for stimulus,can I file for tax amended
i efiled my amended return 3/26 and it’s still being processed. is the wait 16weeks still or is it longer ?
Everything is moving slow at the IRS right now. Previous timelines do not appear to be true at the moment.
I’m still waiting as well. Was supposed to use the money to go on vacation but it doesn’t look like I’m getting the money anytime soon. I also haven’t gotten my child tax return that everyone is getting because the IRS is still working on the 1040x. I’m so upset.
I spoke to an IRS agent a little over a month ago who confirmed that staffing on their end has been greatly affected by the pandemic. They are cautioning everyone to expect extended processing time up to 90 days. Her caveat notwithstanding, I was lucky enough to receive my adjusted return roughly 5 weeks later.
Video is helpful, But i need help changing filing status. What do i need to fill out?
Thanks. You need to complete form 1040X in the section titled "Amended return filing status."
Great video. Short simple and too the point that I can comprehend it
thank you!
If you filled your personal & business taxes on your own & another company filled for your multiple llc then tell say to receive it you have to amend it with the one you filled to get it.
How do you go about doing so?
This is my first time with all this & I'm so lost.
Hey Tweet, I don't understand your question. Can you rephrase it for me?
@@LYFEAccounting
Sorry I was speaking into the mic instead of typing.
But I have two businesses one on my own & the other is a multi member llc
I filed my personal & first business on my own through free usa tax the multi member llc another company filed for me
But because I filed mines first they said in order for me to receive the other funds I have to amend my taxes & I don't know how to do that.
I only need to change dependent and claim the child tax credit. Everything else is correct
Thanks
Great video, helped a bunch!
How do I amend my taxes by adding my schedule C form?
Did you watch the video?
Thank you
after i got my taxes done on the very day, the IRS sent me a 1099-INT which was under 20.00? would i need to do an amended tax return?
Same...
What if I have two w-2s
The sound on the text is driving me and my dog nuts…..
Where is the link?
Thanks@!
My pleasure!
I need help do I need to amended my return if I made a error with how much stimulus payments i recieved or will irs correct this when they process my return?
I have this question too? Did you get an answer?
@@childofthemosthigh4100 no I never got answer, researched myself, filed an got my refund, you don't have to ammend return, irs will adjust any calculations when they process your return
Thank you so much for your reply 😊
I forgot to include my 1099-INT X_X
Hi
I tried to get an ITIN for my wife who lives out of the country. I sent some documents for ITIN along with my 1040 form. However, the IRS did not accept the documents submitted to get ITIN. So, I need to change my status from married jointly to single. Should I wait for IRS to process my refund and then submit my 1040X? Thank you
I was told by my tax prepare that if you amend you will owe them is this true
No. You will owe based on what the amended return says. Some amended returns end up in a bigger refund.
👍🏼
Can you e-file an amended return?
Yes, you can.
@@LYFEAccounting could you direct me to a place to show me how? ive gotten onto H&R Block Online, TurboTax and others and cant find the path on their site to get it done. I also filed with CreditKarma Tax, now Cash App Tax, this year. I'm not sure if that would be a problem with filing an Amended return with one of these other places, since I didn't file with them. Thanks you for your help and any additional info you can share!
The daily meal parenthetically bury because science proportionately squeeze below a fast toad. beautiful, cautious icebreaker
Thanks