I received a Form 1098-T after I filed my return. Do I need to amend my return if I am interested in claiming education credit?
- If you have just received your 1098-T and you have already filed, but you are still interested in claiming education credit, you’ll need both:
- Your original Form 1040
- A new 1040 with the corrections
- Fill in the 1040X with your the old and new calculations, as well as the difference between the two.
- Print and mail your 1040X and mail it to the IRS. You can’t e-file 1040X.
It’ll probably take the IRS 8-12 weeks to process your amended return. Keep in mind that if you amend your federal return, you might also need to amend your state return.
If you owe taxes and need a little more time to pay the full balance, you can request a short-term extension of time to pay your taxes from the IRS.
Learn more about Letter 3219B and how to handle an IRS notice of deficiency for your business with help from the tax experts at H&R Block.
Learn about the consequences and complications of an unflied tax return from the experts at H&R Block.