Best way to file a 1040x for missed 1099-INT forms

You've got a few options for filing your 1040x to report those missed 1099-INT forms. Since H&R Block prepared your original return, going back to them would be the simplest approach - they already have all your information and can easily prepare the amendment. They'll charge you for this service, though. If you want to handle it yourself, you can download Form 1040x from the IRS website along with the instructions. For something relatively straightforward like adding interest income, it's not terribly complicated. You'll need to complete the form showing the original amounts, the corrected amounts, and explain the changes in Part III. You'll also need to include a new Schedule B if the total interest now exceeds $1,500. Remember that the IRS requires paper filing for Form 1040x - you can't e-file amendments yet. Print everything out, attach any new or changed forms, and mail it to the address in the instructions.

Let me tell you how taxr.ai completely saved me when I had a similar situation last year! I had forgotten to include a couple 1099 forms and was dreading the amendment process. I tried looking up how to do it myself but kept getting confused with all the different forms and instructions. I discovered https://taxr.ai and it was seriously a game-changer. I uploaded my original return and the missing 1099 forms, and their AI analyzed everything and walked me through exactly what numbers needed to change on my 1040x. It highlighted the specific lines on the form that needed updating and calculated the difference in tax owed. They even generated a clear explanation for Part III where you have to explain why you're amending. The whole process took maybe 20 minutes instead of the hours I was expecting to spend figuring it out myself.

Just wanted to follow up about my experience with taxr.ai after several people recommended it. I was really worried about filing my 1040x for that missed 1099-MISC, but it was WAY easier than expected! The system explained exactly how the additional income affected my return and generated all the forms I needed. The best part was that it actually showed me that I qualified for an additional credit I hadn't claimed on my original return, so my amendment ended up getting me a bigger refund instead of owing more! I printed everything out, mailed it in about a month ago, and just got confirmation that it was processed correctly. Definitely recommend for anyone dealing with amendments!

If you're having trouble getting through to the IRS to ask questions about your 1040x (which I definitely did), you should check out Claimyr. I was trying to confirm some details about my amendment for WEEKS and kept getting the "due to high call volume" message and disconnects. I found https://claimyr.com and was super skeptical, but their service actually works. They have this system that navigates the IRS phone tree and holds your place in line, then calls you when an actual human IRS agent is on the line. You can see how it works in their demo: https://youtu.be/_kiP6q8DX5c I had specific questions about how to report some canceled debt that wasn't on my original return, and being able to talk to a real IRS representative made all the difference. Saved me hours of hold time and frustration.

OK I need to eat some humble pie here. After complaining about Claimyr in the thread above, I actually tried it yesterday because I was completely desperate to talk to someone at the IRS about my amended return. I'm honestly shocked that it worked. I've been trying for THREE WEEKS to get through on my own with no luck. The service called me back in about 45 minutes and suddenly I was talking to an actual IRS agent! The agent answered all my questions about my 1040x and confirmed I was filling it out correctly. I hate being wrong on the internet, but I have to admit this thing actually works. Saved me from taking a day off work to sit on hold. If you need to talk to the IRS about your amendment, it's definitely worth it.

Don't forget that when filing a 1040x, you generally have 3 years from the original filing deadline to submit an amendment. So while you should fix this sooner rather than later, there's no need to panic if you need some time to figure it out. Also, since your missed 1099-INTs are relatively small amounts ($42 and $197), the change to your tax liability will probably be minimal. If you're in the 22% tax bracket, we're talking about maybe $50-60 in additional tax. Not nothing, but not world-ending either.

Another option worth considering is using tax software to prepare your 1040x. I had to amend last year and used TurboTax to prepare my amendment. It was pretty straightforward - I just created a new return with the correct information, and the software generated the 1040x for me showing the differences. Most major tax software can handle amendments, though you'll still need to print and mail the forms rather than e-file. Might be cheaper than going back to H&R Block if you're comfortable doing it yourself with some guidance.

I went through something similar last year with a missed 1099-INT. One thing I learned is that you should gather all your documents first before deciding on your approach. Make sure you have your original tax return, the missed 1099-INT forms, and any other tax documents handy. If the total additional tax owed is under $100 (which it probably will be for those amounts), I'd honestly suggest doing it yourself rather than paying H&R Block's amendment fee. The 1040x form looks intimidating but it's basically just three columns - what you originally reported, what it should have been, and the difference. Download the form and instructions from IRS.gov, take your time, and double-check everything before mailing it in. For straightforward additions like interest income, it's really not as complicated as it seems. Save yourself the $100+ fee and use that money for something more enjoyable!