Free Debt Analysis

Contact us at 1-888-503-5563

Filing form 1040X may get you your refund, but don’t expect a fast turnaround.

3 minute read

Question: The IRS said I owed them for an issue on an old tax return which I amended (recently). However, they took my 2018 refund and are charging me high amounts of fees and interest. How likely is it that they will refund me back my refund? How long is the process? Also, after the amendment goes through do they take all the fees and interest away? The amount they say I owed back was a little over $2000.00 and now it is over $6000.00. Thanks for your advice (in advance). – Desiree in California

Jacob Dayan, Co-Founder of Community Tax, responds…

Once your amendment processes, the IRS should retroactively adjust any penalties and interest back to match your amended return and will issue a refund to you on any funds paid towards the amended tax year within the last 24 months. If your amended return shows that you do not owe any additional tax for the year in question, you should expect to see all penalties and interest removed and your entire 2018 refund returned to you within 6-10 months of filing the 1040X. The IRS could also send you a notice requesting additional information regarding your figures on your amended return. Be sure to check for any IRS letters and respond to their requests timely.

What is Form 1040X?

Form 1040X is the IRS form you file for an amended tax return. It’s mostly similar to the standard Form 1040, with an added space to explain why you’re filing an amended return.

Checking the status once you file an amended tax return

It’s important to be aware that you cannot file Form 1040X online; you must mail in the amended tax return. The IRS states that it can take up to three weeks for the amended return to even appear in their system. Then they say it can take up to 16 weeks to process the amended return. However, due to the freeze on hiring and the government shutdown, the processing time is closer to 6 months or more.

After three weeks, you can check the status of your return through the IRS website at Where’s My Amended Return?

You’ll need your Social Security Number, date of birth and zip code to locate your records. There are three possible statuses that you’ll see:

Status

Meaning
ReceivedThe IRS has received your Form 1040X; it’s in their system and being processed
AdjustedThe IRS has applied the information from your amended return to your account.
CompletedThe IRS has fully processed your amended return and if there is no additional balance, they issued your amended tax return refund.

Do you owe a lot to the IRS and fear you won’t get caught up? Take a look at our solutions.

Get Help Now

Once the status shows as completed, there’s no further way to check the status of your refund

With normal tax returns, the IRS has a Where’s My Refund tool that allows you to check the status of your refund. But this technology is not available with an amended tax return refund. The good news is that you can still receive the amended refund through Direct Deposit – you won’t need to wait on delivery of a paper check, which can take a few months to receive.

Unfortunately, beyond that you usually just have to be patient. The IRS will only take calls about the status of an amended tax return refund if it’s been 12 weeks since the official receipt of Form 1040X. If it has been 12 weeks, then you can call their hotline at 800-829-1040.

Did we provide the information you needed? If not let us know and we’ll improve this page.
Let us know if you liked the post. That’s the only way we can improve.
Yes
No

About the Author

Jacob Dayan

Jacob Dayan

Jacob Dayan was born and raised in Chicago and worked in New York City as a financial analyst at Bear Stearns. In 2009, he returned to Chicago to be with his family and pursue a career assisting consumers and small businesses with various financial needs. In 2010, he co-founded Community Tax LLC, a full-service tax company helping customers nationwide with all of their tax resolution, tax preparation, bookkeeping, and accounting needs. He’s a licensed attorney in Illinois who graduated Magna Cum Laude from Mitchell Hamline School of Law and has worked with more than 60,000 clients – resolving more than $400 million in tax liabilities.

Published by Debt.com, LLC Mobile users may also access the AMP Version: How Long Does It Take the IRS to Issue an Amended Tax Return Refund? - AMP.