Just Got Another W2 After Filing - Need to Amend?

I think you should definitely amend your return, but maybe wait until your original return is processed first? The IRS generally recommends waiting until your original return is fully processed before filing an amendment. This might help avoid any potential confusion in their system. If I remember correctly, amended returns can take quite a while to process - possibly 16 weeks or more in some cases. But I believe it's better to fix it now rather than potentially dealing with a notice from the IRS later.

Been there, done that! Last year I had THREE late W2s show up after I filed. Total nightmare when you're counting on that refund money. I used https://taxr.ai to figure out how the amendment would affect my refund before I even filed it. Saved me so much stress because I could see exactly how the numbers would change and when I might expect the new refund. The waiting is the worst part - took almost 3 months for my amended refund to come through.

Yes, you absolutely need to file an amendment. I received a late W2 on March 12th this year after filing on February 1st, and I immediately filed a 1040-X. The IRS is very clear that you must report ALL income. As for timing - don't expect it anytime soon. Current processing times for amendments are 16+ weeks according to the IRS website as of April 8th. And that's just processing - not necessarily when you'll get any additional refund.

When I had to amend last year, I spent 3 days trying to reach an IRS agent to confirm the correct procedure (wanted to make absolutely sure I was doing it right, haha). Finally used Claimyr (https://claimyr.com) and got connected to an agent in about 15 minutes! They confirmed I needed to wait until my original return was processed before amending. Saved me from making a timing mistake that would have delayed things even further. Sometimes paying a little for the fast lane is worth it when tax deadlines are looming! 😅

I'm skeptical about these services that charge you to reach the IRS. Just seems like they're profiting off a broken system. • The IRS has dedicated phone lines that are free • If you call early morning or late afternoon, wait times are shorter • The IRS website has detailed instructions for amendments • Most tax software has free amendment guidance Just my two cents, but I don't see the value in paying for something that should be free.

I understand your skepticism, but compared to wasting hours on hold or getting disconnected repeatedly, services like Claimyr can be worth it. It's like the difference between taking a bus that might show up eventually versus calling an Uber when you have an important meeting. Sure, the bus is free, but the cost of missing your meeting is much higher. Same with taxes - the potential cost of making a mistake or missing a deadline far outweighs the service fee.

I just went through this exact situation and here's what you need to do IMMEDIATELY: Step 1: Don't panic, but don't delay either - the IRS expects amendments when you receive additional income documents. Step 2: Wait until your original return is FULLY processed (check Where's My Refund). Step 3: Use Form 1040-X to file your amendment. Most tax software allows you to amend through them if you used them originally. Step 4: Be prepared to wait 16-20 weeks for processing. The IRS is severely backlogged with amendments right now. Step 5: If you owe additional tax, pay it right away to minimize penalties and interest which are accruing DAILY. Don't wait on this - the IRS will eventually catch the missing W2 through their matching program and send you a CP2000 notice with penalties!

According to IRS Publication 17, you are required to report all income regardless of when you receive the documentation. Per IRC §6662, failing to report income can result in accuracy-related penalties of 20% of the underpayment. The key question is whether this additional W2 will significantly change your tax situation - if it results in a refund reduction or balance due, filing an amendment is necessary. If it results in an additional refund, you have up to 3 years to claim it, though filing sooner is advisable.