Need to amend prior year return

[mckinly16]

When working on my 2023 return, I noticed a 1099-NEC form from my 2022 form was incorrect. Do I need to amend my 2022 return before I finish my 2023 return?

[xmasbaby0]

Your 2023 return should not be affected by the 2022 mistake.  You can go ahead and prepare and file 2023, but if you have a mistake on 2022, you should amend 2022.

See this TurboTax support FAQ for amending a tax return - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/amend-change-correct-return-a...

Do not expect quick results from amending. It can take four months or more for the IRS to process an amended return.  

You can watch for information here:

https://www.irs.gov/Filing/Individuals/Amended-Returns-(Form-1040-X)/Wheres-My-Amended-Return-1