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Question. I have a customer that I had to amend years 2020 & 2021 do to them receiving the ERC. Since tax year 2022 was already filed do I amend that year as well to change the balance sheet? I am working 2023 the year money received and of course I am off from the changes of 2020 & 2021. Can I override the changed fields?
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If 2022 was not affected by ERC and the only changes are the balance sheet changes rolling over from 2020 and 2021, there isn't a need to amend 2022. Go ahead and override the opening balance sheet accounts on the 2023 return.
Slava Ukraini!
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The balance sheet for 2022 is incorrect as well because of those amended returns. I wasn't sure if I needed to amend that year as well for those changes.
And thank you for you answer.
