IRS Processing of Amended Returns: A Comprehensive Guide

Amending a tax return is a common practice for individuals who need to make changes or corrections to their originally filed return. The Internal Revenue Service (IRS) allows taxpayers to file amended returns using Form 1040-X, Amended U.S. Individual Income Tax Return. Understanding the IRS’s processing timeline and procedures for amended returns is crucial to ensure timely resolution and avoid potential delays.

Current Processing Time for Amended Returns

As of the latest updates, the IRS is experiencing significant backlogs, resulting in extended processing times for both paper and electronically filed amended returns. The current processing time for amended returns is over 20 weeks.

Factors Affecting Processing Time

Several factors can impact the processing time of amended returns, including:

  • Filing Method: Electronically filed amended returns are generally processed faster than paper returns.
  • Complexity of Changes: Amended returns involving complex changes or calculations may require additional review and processing time.
  • Backlogs: The IRS may experience seasonal backlogs during peak filing periods, leading to longer processing times.

How to Check the Status of an Amended Return

Taxpayers can check the status of their amended return using the “Where’s My Amended Return?” tool on the IRS website: https://www.irs.gov/filing/wheres-my-amended-return. This tool allows taxpayers to track the progress of their amended return and receive updates on its status.

Recent IRS Improvements for Amended Returns

In a recent move to enhance taxpayer convenience, the IRS has introduced the option of direct deposit for refunds on electronically filed amended returns. This feature allows taxpayers to receive their refunds faster and eliminates the need to wait for a paper check.

Filing an Amended Return

To file an amended return, taxpayers must complete Form 1040-X and submit it to the IRS. The form includes instructions on how to make changes or corrections to the original return. Taxpayers can file an amended return electronically using tax preparation software or by mailing a paper return to the IRS.

The IRS is currently experiencing extended processing times for amended returns. Taxpayers should consider filing their amended returns electronically to expedite the process and utilize the direct deposit option for faster refund delivery. By understanding the IRS’s processing procedures and timelines, taxpayers can effectively manage their amended return filings and minimize potential delays.

Amending a Return

FAQ

How far behind is IRS processing amended returns?

The current processing time is more than 20 weeks for both paper and electronically filed amended returns. See our processing status dashboard for timeframes. Additionally, calling the IRS will not speed up return processing.

How long are amended returns taking right now?

It will take up to 20 weeks to process your return. Where’s My Amended Return will show your amended return status for this tax year or up to 3 prior years.

Why has amended return not been processed?

Here are a few possible factors that can cause delays, according to the IRS: Your amended return has mistakes, is incomplete or hasn’t been signed. The IRS may have sent your return back to you, asking for more information. Your amended return includes Form 8379, Injured Spouse Allocation.

Is IRS accepting amended returns?

You can file up to 3 amended returns for the same year. File on paper if you’re amending a return you originally filed on paper and Forms 1040 and Form 1040-SR, U.S. Return for SeniorsPDF before 2020, and Form 1040-NR, Nonresident Alien Income Tax ReturnPDF before 2021.

How does the IRS handle amended tax returns?

The IRS is committed to processing amended returns accurately and eficiently. On August 17, 2020, the IRS began receiving electronic Forms 1040X, Amended U.S. Individual Income Tax Return, which has been an important goal for the IRS and our industry partners for many years.

When should I file an amended tax return?

Generally, you must file an amended return within 3 years after the date you filed your original return or 2 years after the date you paid the tax, whichever is later. If you filed early, count from the April tax deadline. Special rules apply to file for refunds when you have net operating losses, foreign tax credits, bad debts, and other issues.

Do I need to file an amended tax return on paper?

Amended returns for those earlier tax years must be filed by paper. If amending a prior year return originally filed on paper during the current processing year, then the amended return must also be filed on paper. How do I file my amended return electronically?

Where’s my amended tax return?

Check the Where’s My Amended Return? online tool or call the toll-free telephone number 866-464-2050 three weeks after you file your amended return. Both tools are available in English and Spanish and track the status of amended returns for the current tax year and up to three prior tax years.

Leave a Comment