Missing W2 on processed return - Should I wait for refund before amending?
My transcripts are showing -$3270 balance, looks like taxes are processed and waiting for PATH to lift. Thing is we forgot to include a W2 for $198 on this years return. Since everything seems processed already should I wait til after the refund hits to file the amendment?
15 comments
Fatima Al-Mazrouei
Tax pro here - Yes, absolutely wait until you receive your original refund before filing the amendment. Filing an amendment now could delay your current refund processing. Once you get your refund, then file Form 1040X to report the additional W2.
0 coins
Giovanni Gallo
Thanks! That's exactly what I was thinking but wanted to make sure I wasn't breaking any rules by waiting 🙏
0 coins
2M
Dylan Wright
how long does an amendment usually take to process these days? got a similar situation
0 coins
2M
Fatima Al-Mazrouei
Currently running about 20 weeks for amendments, give or take. They're still pretty backed up from covid tbh
0 coins
2M
Write a comment...
NebulaKnight
Hey, have you tried using taxr.ai? It's this new tool that analyzes your transcript and tells you exactly what's going on with your refund status and when to expect it. Saved me hours of trying to decode my transcript. It's like $1 but totally worth it https://taxr.ai
0 coins
Sofia Ramirez
fr? how accurate is it? been trying to figure out my transcript for weeks 🤔
0 coins
2M
NebulaKnight
Super accurate! It spotted my hold codes and predicted my DDD exactly. Even told me about some credits I qualified for that I missed
0 coins
2M
Sofia Ramirez
just tried it and omg where has this been all my life?! finally understand wtf is going on with my refund 💯
0 coins
2M
Write a comment...
Dmitry Popov
in the same boat rn except mine was a 1099 i forgot lol waiting is the way to go
0 coins
Write a comment...
Ava Rodriguez
anybody else notice how many ppl forgetting forms this year? irs needs to get their act together with this document matching system fr fr 🤡
0 coins
Miguel Ortiz
ikr? its like playing where's waldo with our tax docs 😭
0 coins
2M
Write a comment...
Zainab Khalil
your balance being negative is actually a good sign! means they've processed it and ur just waiting for path to lift. def wait on that amendment tho
0 coins
Giovanni Gallo
thx for confirming! was hoping that negative meant good news 🙏
0 coins
1M
Write a comment...
QuantumQuest
Bruh why they make this stuff so complicated? like we literally just tryna pay our taxes and get our money back smh
0 coins
Connor Murphy
welcome to dealing with the irs bestie 💅
0 coins
1M
Write a comment...