Products Affected:
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ProSeries
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ProSeries Basic Edition
Situation
How do I amend an individual return or change information in a previously filed federal or state return?
Solution
Form 1040X is included in the ProSeries federal individual software. The software works by bringing the current figures into Form 1040X and "freezing" the figures in Column A of the form. We recommend that you read through the steps for the amended return you wish to file. Choose from the following directions:
To see a video demonstration on this topic, click the link below. When the video screen appears, click the arrow in the middle of the screen to start the video. When the video is finished, click the X in the right top corner to close the window
Click here for a video demonstration
To amend a 2008 federal tax return:
Note: Before you change the federal return, review the instructions to amend the state return. In many cases you need to mark the state return as amended before you change the federal return.
- Select and open the return that you want to amend. Using the Save As command, save the return under a new name (for example, CLIENTX.08i). This keeps the original file intact.
- If this return was electronically filed, uncheck the checkboxes for electronic filing on the Federal Information Worksheet.
- Open Form 1040X. To do this press the F6 key and then the X key to highlight Form 1040X. Then press Enter.
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Enter 2008 in the calendar year field. This activates the form, and the figures flow from the 1040 to the appropriate fields in the 1040X. The figures "freeze" in Column A and Column C reflects what is currently on the return.
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IMPORTANT: If you are also amending a state return, activate the amended state return form BEFORE making changes to the federal return:
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Go to the state return and select the amended form.
- Enter 2008 in the calendar year field or enter an X in the appropriate check box (review the Tax Help instructions for your state). The Original Amount column shows the amounts that were originally reported on the state's main form already filed.
- Go back to the federal return.
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Go directly to the forms and schedules that you need to correct. You can add forms, add copies of forms, remove forms, etc. as you would to amend a return. Note: Changes in dependency and filing status must be entered on the Federal Information Worksheet. Column C shows the results of the changes you made on the Form 1040.
- Return to Form 1040X. Columns B and C automatically recalculate on the 1040X to reflect the changes you made to this clients return.
To amend a return filed for a previous tax year:
- Enter the correct calendar or fiscal year on the 1040X.
- Enter the amounts originally reported for the chosen year in Column A.
- Enter the net changes in Column B or the correct amounts in Column C.
- The program automatically completes either Column C or Column B.
To amend a previously amended return:
- Open the previously amended return.
- Using the Save As command, save the return under a new name (e.g., Client_AmendedX.08i).
- Open Form 1040X. To do this press the F6 key and then the X key to highlight Form 1040X. Then press Enter.
- Remove this copy of Form 1040X so that you can create a new copy. From the Forms menu, select Remove Form 1040X and then click Yes.
- Open Form 1040X and enter 2008 in the calendar year field. This activates the form, and the figures flow from the 1040 to the appropriate fields in the 1040X. The figures "freeze" in Column A and Column C reflects what is currently on the return.
- Go directly to the forms and schedules that you need to correct. You can add forms, add copies of forms, remove forms, etc. as you would to amend a return.
- Return to Form 1040X. Columns B and C automatically recalculate on the 1040X to reflect the changes you made to this clients return.
To amend a 2008 state tax return:
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Follow steps 1-7 in the "Amend a 2008 federal return" section above.
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After making changes on the federal side, open the state return.
- Make any state specific changes to the return and then select the state amended form. The Corrected Amount column shows the results of the changes you made on the federal and state returns.
To amend a 2008 federal return for which the original is in paper only:
Note: You do not have an electronic copy of the return, however you have a corrected return in electronic format.
- Select and open the corrected return that you want to amend.
- If this return was originally electronically filed, uncheck the checkboxes for electronic filing on the Federal Information Worksheet.
- Open Form 1040X. To do this press the F6 key and then the X key to highlight Form 1040X. Then press Enter.
- Enter 2008 in the calendar year field. This activates the form, and the figures flow from the 1040 to the appropriate fields in the 1040X. The figures flow and both Column A and Column C reflects what is currently on the return.
- Go to the state return and select the amended form.
- Enter 2008 in the calendar year field or enter an X in the appropriate check box (review the Tax Help instructions for your state).
- Go back to the federal return. to the 1040X.
- Type the original figures into the Column A directly on top of the figures the program flowed to that column. Column B will automatically calculate.
- Return to the state and complete whatever is necessary to complete the amend.
Note: Amended federal and state individual returns cannot be electronically filed.