The IRS currently states on their website that processing of amended tax returns is currently taking 20 weeks. However, due to the pandemic, the processing time is closer to 6 months or more. Then they say it can take up to 16 weeks to process the amended return. The IRS states that it can take up to three weeks for the amended return to even appear in their system. It’s important to be aware that you cannot file Form 1040X online you must mail in the amended tax return. Checking the status once you file an amended tax return It’s mostly similar to the standard Form 1040, with an added space to explain why you’re filing an amended return. What is Form 1040X?įorm 1040X is the IRS form you file for an amended tax return. Be sure to check for any IRS letters and respond to their requests timely. The IRS could also send you a notice requesting additional information regarding your figures on your amended return. If your amended return shows that you do not owe any additional tax for the year in question, you should expect to see all penalties and interest removed and your entire 2018 refund returned to you within 6-10 months of filing the 1040X. Once your amendment processes, the IRS should retroactively adjust any penalties and interest back to match your amended return and will issue a refund to you on any funds paid towards the amended tax year within the last 24 months.

– Desiree in California Jacob Dayan, Co-Founder of Community Tax, responds… How likely is it that they will refund me back my refund? How long is the process? Also, after the amendment goes through do they take all the fees and interest away? The amount they say I owed back was a little over $2000.00 and now it is over $6000.00. However, they took my 2018 refund and are charging me high amounts of fees and interest.

Question: The IRS said I owed them for an issue on an old tax return which I amended (recently).

Amend my turbotax return