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Returning Member
posted Apr 8, 2022 6:49:55 AM

1040X Line 16 & Payment Cancellation

I originally filed a federal tax return incorrectly where I owed the IRS ~$5,000. Before realizing that I made a mistake, I made the payment. However, shortly after making the payment, I realized my mistake and had the bank cancel any withdrawals from my account and the payment technically never made it to the IRS (they sent me a letter saying the payment was never processed).

 

Now I am filing my 1040X, and need to know what to put on Line 16 "Total amount paid with request for extension of time to file, tax paid with original return, and additional tax paid after return was filed". I don't know whether the amount should be $5,000 or if it should be $0 given that the payment never actually went through.

0 5 618
5 Replies
Level 15
Apr 8, 2022 8:55:49 AM

you need someone to answer this question for you ??

Returning Member
Apr 8, 2022 9:12:37 AM

Yes.

Expert Alumni
Apr 8, 2022 9:26:46 AM

You do not report an amount paid that was not actually paid.  You should leave the line for "tax paid with original return" blank.

 

@gammaepsilon1

Level 15
Apr 8, 2022 9:31:27 AM

If you are using TurboTax to amend, TurboTax makes it difficult to do this (change line 16).

Level 2
Oct 20, 2022 4:57:49 PM

yes, but see the 2nd reply to

Line 16 on form 1040x is incorrect how do I correct?