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I received a cp2000 from 2016 unreported ebay income. I've…

Customer Question
I received a cp2000...

I received a cp2000 from 2016 unreported ebay income. I've completely filled out a 1040 schedule c. Now what do I do?

Accountant's Assistant: Which tax year are you filing for?

2016

Submitted: 22 days ago.Category: Tax
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6/1/2018
Tax Professional: Tax.appeal.168, Tax Accountant replied 22 days ago
Tax.appeal.168
Tax.appeal.168, Tax Accountant
Category: Tax
Satisfied Customers: 4,714
Experience: 3+ decades of varied tax industry exp. Tax Biz owner
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Hello. Thank you for choosing this Q&A service for assistance. My name is***** will be assisting you. I will provide my response to you in the next thread.

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Tax Professional: Tax.appeal.168, Tax Accountant replied 22 days ago

You will need to amend the 2016 tax return and include the ebay income on the Schedule C. Use the Form 1040X to amend the tax return.

Link to Form 1040X/instructions:

https://www.irs.gov/pub/irs-pdf/f1040x.pdf

https://www.irs.gov/pub/irs-pdf/i1040x.pdf

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Customer reply replied 22 days ago
We filed through Turbotax. Can we use the same software to amend?
Tax Professional: Tax.appeal.168, Tax Accountant replied 22 days ago

Sorry for the delayed response. I was away from the computer. Yes, you can use Turbo Tax to amend the return.

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