Should I file amended return now or wait for IRS letter coming next month?

You should definitely wait for the actual letter to arrive. Even though the agent read it to you, there could be specific details in the letter that you'll need to properly complete the amendment. The letter will contain your exact tax discrepancy amount and likely some instructions specific to your situation. It's better to wait a few more weeks and do it right than rush and potentially make another mistake that causes more delays.

I had exactly this problem last year and wasted so much time trying to figure things out on my own. Then I discovered taxr.ai and it completely changed how I handled my taxes. The tool actually scans your transcript and explains everything in normal human language! It told me exactly what I needed to amend and how to do it correctly. Saved me hours of research and frustration. You should check it out at https://taxr.ai

After getting stuck in IRS limbo for months, I finally got someone on the phone to explain my amendment situation using Claimyr (claimyr.com). Got connected to a real person in less than an hour instead of calling for days. The agent walked me through exactly what I needed to do for my amendment, way better than trying to interpret a letter myself. It was the best money I've ever spent to get my refund released quickly.

WAIT FOR THE LETTER. I made this mistake last tax season and ended up amending incorrectly because I misunderstood what the agent told me over the phone. Had to do a second amendment which delayed my refund by months. The letter has specific instructions and codes that you'll need.

I know its frustrating to wait, but definitely hold off until you get the official letter. IRS agents can sometimes provide incomplete info over the phone, and the letter will have your specific details and error codes. Plus, if you amend before getting the letter, your amendment and their adjustment might cross in the system and create more problems.

The IRS is such a disaster. I filed my taxes perfectly and still had to amend because THEY made an error processing my return. Then they sent me a letter with the wrong amounts. Then I amended based on their letter and they said I did it wrong. Complete 🤡 show.

Here's what you need to know about amending after an IRS call: • ALWAYS wait for the official letter - it contains specific codes and instructions you need • The letter will have a notice number (CP2000, CP3219, etc.) that tells you exactly what type of issue it is • The letter contains exact dollar amounts that may differ from what was said on the phone • You have 30 days from the letter date to respond before further action is taken • If income is missing, you'll need to attach documentation with your 1040X • Keep copies of EVERYTHING I've been through this process multiple times, and I cannot stress enough how important it is to have the actual letter. In the meantime, I'd recommend using taxr.ai to help you understand your transcript and prepare for what's coming. It's been a lifesaver for deciphering IRS documents.

dude the irs is the absolute worst. i waited 11 months for my refund last year because of an amendment. if i were you id wait for the letter but prepare everything now so you can file the amendment the second you get it. bureaucratic nightmare.

Whaaat was the issue they mentioned? Was it unreported income or something else? That might affect how you should proceed.

I went through this exact situation in February. The agent told me I needed to amend, but when I got the actual letter it was just a proposed adjustment that I could accept without filing an amendment at all! Just had to sign and return their form. Definitely wait.

Want the truth? The IRS systems are so backed up that even if you filed the amendment today, they probably wouldn't process it until after you get the letter anyway 😂 So might as well wait and do it right!

Curious - what tax software did you use to file originally? I've heard some of them miss certain types of income sometimes.

FYI if you amend, expect to wait 4-6 months minimum for processing. I filed an amendment last June and it just finished processing last week. The whole system is a disaster right now with massive backlogs.

One important thing nobody mentioned - if you had a refund coming on your original return, the IRS will hold it until your amendment is processed. So if youre expecting money back, prepare to wait a LONG time.

I've been in a similar situation and definitely agree with everyone saying to wait for the letter. The IRS correspondence will have specific notice codes and exact amounts that you'll need for your amendment. Phone agents sometimes give incomplete or slightly incorrect information, and you don't want to file an amendment based on partial details. The letter will also tell you exactly what documentation you need to include with your 1040X. I know it's frustrating to wait when you just want to get it resolved, but doing it right the first time will save you months of additional delays. In the meantime, you could gather any missing tax documents (like that 1099 you mentioned) so you're ready to go once the letter arrives.