After submitting a tax return, individuals may encounter situations where they need to make changes or cancel the return altogether. This article explores the possibility of canceling a pending tax return, providing guidance on the available options and the steps to take in different scenarios.
Canceling a Pending Tax Return
Once a tax return is e-filed, it enters a “pending” status, indicating that it is being processed by the Internal Revenue Service (IRS). During this period, the return cannot be canceled. The IRS considers the return to be “in transit” and does not allow for cancellations.
Making Changes to a Pending Return
If you discover errors or need to make changes to your pending return, you must wait until the IRS processes the return and either accepts or rejects it.
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If the return is accepted: You will need to file an amended return using Form 1040-X to correct any mistakes.
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If the return is rejected: You will be able to make the necessary changes and resubmit the return.
Understanding the IRS Acceptance and Rejection Process
The IRS typically takes a few days to process e-filed returns. Once processed, the return will be either accepted or rejected.
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Acceptance: The IRS has accepted your return and is processing your refund or applying any taxes owed.
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Rejection: The IRS has identified errors or missing information in your return and will provide you with a notice explaining the issue.
Steps to Take After Return Acceptance
If your return is accepted and you need to make changes, follow these steps:
- Gather all necessary documentation and information.
- Complete Form 1040-X, Amended U.S. Individual Income Tax Return.
- Mail the completed Form 1040-X to the IRS address provided in the instructions.
Steps to Take After Return Rejection
If your return is rejected, follow these steps:
- Review the IRS notice carefully to identify the errors or missing information.
- Make the necessary corrections or gather the required information.
- Resubmit your return electronically or by mail.
Canceling a pending tax return is not possible once it has been e-filed. If you need to make changes to your return, you must wait until the IRS processes the return and either accepts or rejects it. In the case of acceptance, you will need to file an amended return using Form 1040-X. If the return is rejected, you can make the necessary changes and resubmit the return. Understanding the IRS acceptance and rejection process and the steps to take in each scenario is crucial for ensuring accurate and timely tax filing.
Amending a Return
FAQ
Can I cancel my tax return once submitted?
Can you delete your tax return and start over?
Can I stop filing tax returns?
Can you cancel a submitted tax return?
You can’t cancel the return after it has been e-filed. If you need to change any information in the return, you can only make changes to your return if the IRS rejects it. If the IRS accepts your return, you must use Form 1040-X to file an amended return to fix the mistake.
Can a tax return be rescinded?
So, once you submit a return electronically, there is no way to stop or cancel that transmission. If your return is rejected, you can go back to the return, correct any errors or omissions, and resubmit the return at no additional charge. If your return is accepted, you can’t go back to that return and make changes.
Is it possible to amend tax return?
You can use the amendment process to correct a mistake or omission in your tax return. If you need to lodge an amendment, wait until you receive notification that your original tax return or any amendments have been processed. This will help reduce future processing delays.