Michael C. asked
I prepared my 2021 joint tax return without adding my new business information. I hired a separate accounting company to prepare my company tax statement. I now need to amend my original tax documents for Federal and Idaho State, but I am unsure how to do this with TurboTax. I tried to add form 1065, but TurboTax is asking for information that cannot be found on my 1065, such as Opening Capital Amount, Capital Distribution During 2021, Current Year Net Income (Loss), Other Increase (Decrease), Withdrawals and Distributions, and Ending Capital Amount. I had a total loss in 2021 of -$32,080, minus office deductions of $3,230 for a total Ordinary Income Loss of -$35,310. The accountant used the Mark-to-Market Election. How should I proceed with amending my tax return in TurboTax?
June 6th, 2023
Ryan C. answered
To amend your 2021 joint tax return in TurboTax, follow these steps: 1. Wait until your original ret...
June 6th, 2023
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