Timing of amended returns

[leighb]

I needed to go back and amend my 2021 returns. This change has ripple effects and will require me to then amend 2022 as well and will also show up on my 2023 return. (it is a capital loss carry forward) Which brings me to my question:

I work with Turbo tax and they only want me to amend one year at a time. Given where we are in the year, I will not have everything accepted by the IRS in time to turn in my taxes on time for 2023. So, should I file my 2023 taxes on time knowing they will need to be amended once the 2021 return is accepted? I was hoping that I could only amend two years (2021 and 2022) instead of three.

The advice Turbotax has given me is to file for an extension. Which is annoying. It effects my ability to have good estimated quarterly payments and would result in my city taxes also being late.

[nalor511]

You can file on paper and send 2021 and 2022 together (each in its own envelope). Then file 2023. My 2022 amendment has been in the queue for 22 weeks and still not processed

[NorCal]

I’ve taken both approaches for different reasons.  Both work just fine. Filing an extension turns out to be slightly less hassle than an amendment.