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Level 4
September 16, 2020
Solved

1040X with small amount owed

  • September 16, 2020
  • 1 reply
  • 8 views

I mistakenly inputted a wrong number.  If corrected, my 1040X would owe an additional amount less than $10 (which TurboTax, presumably, has included interest).  Would the IRS forgive such a small amount from needing to amend?  Thanks.

Best answer by rjs

The IRS will not bother with such a small amount of additional tax. You do not have to go to the trouble of filing an amended return.

 

1 reply

rjs
Level 15
rjsLevel 15Answer
Level 15
September 16, 2020

The IRS will not bother with such a small amount of additional tax. You do not have to go to the trouble of filing an amended return.