Drake Tax - MT: Amending a Return

How do I amend a Montana individual return?

To amend a Montana individual return, a new Form 2 must be completed with all schedules, even if none of the amounts previously reported on them have changed. In Drake Tax, follow these steps:

1. In data entry, go to MT screen 1 and mark the box that says Check here if this is an amended return.

2. Go to the MT SCH8 screen and complete all applicable fields:

   • Report either the payment made with the original return or the original refund:

     • If a payment was made with the original return, ensure that an entry is made on line 7.

     • If a refund was received on the original return, ensure that an entry is made on line 2.

   • Check the appropriate box under Part III Amended Return as to the reason for the amendment. Available selections include:

     • NOL Carryback

     • Federal Audit

     • Amended Federal Return

     • Filing Status

     • Other

3. Page Down from the SCH8 screen, click the hyperlink, or navigate to the AMD2 screen to enter details about the changes made.

4. Calculate the original return.

5. Auto-fill the federal X and the MT AMD screens (if amending both returns).

6. Proceed with making any needed federal or state changes on the corresponding data entry screens.

Note that an amended MT2 is indicated by an "X," which is marked in the top left of the first page. There is not a separate form for an amended return.