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Amended tax return9/23/2023 ![]() ![]() Receiving your amended tax returns back takes a long time. You still need to print and mail the forms. If it’s a joint return, your spouse has to sign and date it as well. Also, make sure that you sign the 1040X at the bottom and date it. ![]() The other thing is that it doesn’t matter if your child is born in January or December as long as your newborn is born last year, you can claim the full amount, not just a portion of it. We finally received his card and I updated the 1040X form immediately, and I realized I can get about $1,500 dollars back because I am eligible for the Child Tax Credit, which is $1,000. When I filed my tax return, I still hadn’t receive his Social Security card, so I had to file it without adding him as my dependent. Because he was born overseas, it took a couple of months for him to receive his Social Security card. I just logged into my account and clicked on “Amend Your Tax Return” for 2014 and it guided me through the process. I have to say, amending a tax return with TurboTax is really as easy as 1, 2, 3. Recently, I filed my 1040X and I used TurboTax Online. Interesting note: during the shut down, the IRS collections department was open. Although the rep stated since mine was received in March, “it should only take a few weeks”. Which means I may have to wait until around Thanksgiving. They said that the 16 week count down starts on August 1st. Update: One of our readers, Pete Lytle, mentioned that “ The IRS did not start processing amended returns until August 1st due to COVID-19. ![]()
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