1040-X FOR 2020

Forum|Forum|2 years ago
April 28, 2024
3 replies
14 views

Hi to all.

For new client I am going to make 1040-X year 2020, on his return he had sch1 , 2 , C and 4562 should I make them or just 1040 pages 1 ,2 and 1040-X?

Thanks for help!

ProSeries Professional

This topic has been closed for replies.

Best answer by Terry53029

As @Skylane said recreate the 2020 return as was original done (all forms, and schedules including state if applicably. You then activate the 1040X, and make necessary changes. For 2020 you have until 5/17/2024 to get a refund. from notice 2023-21. "An affected taxpayer who filed their 2020 return after May 17, 2021, may be refunded all income tax payments for 2020 if they file their claim for refund by Friday, May 17, 2024."

Skylane

Intuit Community Champion

Best to recreate the 1040 w schedules as filed, then amend.

If at first you don’t succeed…..find a workaround

HOPE2Author

Level 7

Thanks @Skylane

George4Tacks

Level 15

When did they file the original 2020 returns? If on 4/15/2021 then you are too late. Must be filed within 3 years of original filing OR 2 years of the date the taxes were paid.

Answers are easy. Questions are hard!

Skylane

Intuit Community Champion

maybe too late for refund... not too late to give em more $$

If at first you don’t succeed…..find a workaround

T

Terry53029

Answer

Intuit Community Champion

As @Skylane said recreate the 2020 return as was original done (all forms, and schedules including state if applicably. You then activate the 1040X, and make necessary changes. For 2020 you have until 5/17/2024 to get a refund. from notice 2023-21. "An affected taxpayer who filed their 2020 return after May 17, 2021, may be refunded all income tax payments for 2020 if they file their claim for refund by Friday, May 17, 2024."

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