The IRS refers to an amended Form 1040-SS as a "corrected return." File a new Form 1040-SS to change a Form 1040-SS that has already been filed. If a Form 1040-SS was filed, but should have been filed on Form 1040, file a corrected return on Form 1040. In either case, at the top of page 1 of the corrected return, enter “CORRECTED” in dark bold letters followed by the date. In most cases, an amended Form 1040-SS (or Form 1040, if applicable) must be filed within 3 years after the date on which the original return was filed or within 2 years after the tax was paid, whichever is later.
How do I correct Form 1040-SS in TaxSlayer Pro?
To correct Form 1040-SS, from the main menu of the return (Form 1040-SS), double-click the entry for Form 1040-X using Form Finder. You will be prompted to pull amounts to the original column of the 1040-X. Select Yes or No.
Note: You will not be completing Form 1040-X. The menu is accessed only to print the word "Amended" and the date on the top of Form 1040-SS.
Exit the Form 1040-X menu and make any necessary changes in the tax return. After all changes have been made, print the return and mail it to the appropriate address below:
If including a payment:
Internal Revenue Service
P.O. Box 1303
Charlotte, NC 28201-1303
USA
If not including a payment:
Department of the Treasury
Internal Revenue Service
Austin, Texas 73301-0215
Can a Corrected / Amended Form 1040-SS be Filed Electronically?
- The IRS supports electronic filing for a corrected Form 1040-SS for tax years 2019, 2020, and 2021. TaxSlayer Pro does not yet support electronically filing a corrected / amended Form 1040-SS for any tax year.
- If correcting a prior-year return, and the original return for that year was filed on paper during the current processing year, then the corrected return must be filed on paper.
How Many Corrected Returns Can Be Filed Electronically?
The IRS allows for electronically filing up to three “accepted” corrected returns per taxpayer. After the third accepted corrected return, all subsequent attempts will be rejected, and the form will need to be printed and mailed.
Can a Corrected / Amended Form 1040-SS be Filed Electronically for Previous Tax Years?
The IRS supports electronic filing for a corrected Form 1040-SS for tax years 2019, 2020, and 2021. TaxSlayer Pro does not yet support electronically filing a corrected / amended Form
1040-SS for any tax year.
How Long Will it Take for the IRS to Process a Corrected Form 1040-SS?
Currently, the normal processing time of up to 16 weeks also applies to electronically filed corrected returns.
When Is a New Form 8879 Required?
A new Form 8879 is required each time a corrected Form 1040-SS is electronically filed.
Additional Information: