consequence of amending 2010 tax return on 2011 tax return

Hi everyone.
I am currently amending my 2010 tax return by claiming business expenses, thus lowering my 2010 adjusted gross income.
As a result, I am going to have to correct my (still unfiled) 2011
return. The corrected 2011 return will have to reflect my amended 2010 taxable income, adjusted gross income, and possibly other 2010 data of which I am not really aware. I have never done this before, I would appreciate if someone could indicate how much work will be required? I am not very tax savvy, I am using Turbotax, I am afraid that the easiest (but time-consuming) way is to start again my 2011 return from the beginning. On the other hand, maybe I can get away with just correcting the Tax History Report, the Two Year Comparison, and a couple of other worksheets.
I appreciate your help.
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Why will your 2011 return have to reflect any of those things? Your 2010 revenues stand alone and won't affect 2011. Your 2010 operating expenses and any depreciation-as-expenses (like Section 179 elections) stand alone and won't affect 2011. Only depreciable/amortizable assets put in service in 2010 will affect your 2011 return.
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That is great, I only have one amortizable asset. I was just confusing myself. Thanks for the help.
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writes:>> Hi everyone.

In theory 2011 can depend on 2010. Suppose 2010 had a net operating loss, then with the new deductions the NOL will be even larger, meaning a larger deduction in 2011. Or suppose the rule of charitable contributions where you can only deduct 20% to 50% of your AGI and carry the rest forward for 5 years, and by lowering your AGI your maximum charitable contribution is lowered, thus increasing the carryover into 2011.
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