How do i amend 1120s

Note: After creating a second version of the return, we recommend amending version 1. If version 1 is always your active return, it will be easier to know which return version to roll forward to the next year.

Select the return to be amended for Federal and states as applicable. Use the table below to see where to mark the return as amended. Enter the overrides or enter changes as needed. Calculate the return. Notes: After making the above input for your return type, please calculate the return.

Once the return has been through the initial amended calculation, you may make your amended changes. These steps must be done in each return in the consolidated group. Amended returns can be amended additional times. To amend a return another time, save the return as a new version, remove any of the amended input from the input listed above, and calculate the return.

To file an amended fiduciary return:. If an amended return results in a change to income, distribution, or other information provided to a beneficiary, an amended Schedule K-1 must also be filed with the and copies given to each beneficiary. To have the program generate an amended Schedule K-1, go to the K1 screen and select the Amended K-1 box. Beginning in Drake10, amended partnership returns can be e-filed.

An amended Form can be e-filed in much the same way as Form - you can e-file the current year and previous two years. Note: To paper-file an amended , use Form X. Form X is an abbreviated form that resembles the X. When you amend a return in Drake, the amended information replaces the original in the data file. Before amending a return, you should make a copy of the original to avoid losing previously submitted data.

The amended Form and all other required forms, schedules, statements, and attachments are included in the transmission. Beginning in Drake10, amended corporate returns can be e-filed. Form X can be e-filed much the same as Form - you can e-file the current year and previous two years.

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Search instead for. Did you mean:. Intuit Help Intuit. Before you start We recommend creating a copy of the original return to save the entries as they were filed; however, printing or e-filing from the copied return will incur a new charge.

Follow these steps to amend an S return Go to the Profile tab. Go to the Input Return tab. Select Other Forms from the left menu. Enter any other applicable information here.