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March 1, 2024
Question

If I made a mistake in my beginning inventory of 2022, can I adjust it on my 2023 tax return?

  • March 1, 2024
  • 1 reply
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    1 reply

    March 1, 2024

    Unfortunately,  you will need to make adjustments on your 2022 tax return. Per the CRA, You can request a change to your tax return by amending specific line(s) of your return

     

    We can certainly help you make adjustment to your 2022 tax return already submitted. Please read this great TurboTax guide to learn how.

     

    Thank you for choosing TurboTax.