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.
Learn more about Section 1256 contracts and straddles from the tax experts at H&R Block.
Should you or your child report earnings on Form 1099-Q? Learn more from the tax experts at H&R Block.
You can claim an exemption on IRA withdrawals with Form 5329, but how do you know if you're eligible? Get tax answers at H&R Block.
What is Form 1040X? Learn how to file this amended tax return and get tax answers from H&R Block.